Flat 402, The Atrium 2
Flat 402, The Atrium 2
Description & Estimates
According to the public record, Flat 402, The Atrium 2, Leicester is a modern leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 402, The Atrium 2, Leicester is £117,598 and the estimated rental value is £898 per month.
The apartment is within The Atrium, Morledge Street, Leicester, LE1.
Morledge Street, Leicester, LE1 is located within the LE1 postal district.
Our Data Sources
Flat 402, The Atrium 2, Leicester has 31 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 402, The Atrium 2, Leicester is in very good condition we estimate a sale value of £123,478 and a rental value of £942 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £109,366 and a rental value of £835 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 402, The Atrium 2, Leicester has dropped by £512 (0.4%), while its estimated rental value has risen by £29 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 9.2%.
Energy Efficiency
Flat 402, The Atrium 2, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 402, The Atrium 2, Leicester was last sold on 16th December 2022 for £130,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2022, the market for similar properties has risen by 3.3%.
- Sold Dec 2022£130,000
- Sold May 2014£79,500
- Sold Feb 2006£160,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 402, The Atrium 2, Leicester within a radius of 320 metres over the last 2 years.
The most recent example is Flat 313, The Atrium 2, Morledge Street, Leicester, LE1 1ST, a leasehold flat which sold for £120,000 on the 28th June 2024.
Read more about house prices in LE1.
- Sold Jun 2024£120,000 | 2 Bed FlatThe Atrium 2, Morledge StreetFlat 313, The Atrium 2, Morledge Street, Leicester, LE1 1ST
- Sold Oct 2023£92,000 | 2 Bed FlatThe Atrium 2, Morledge StreetFlat 205, The Atrium 2, Morledge Street, Leicester, LE1 1ST
- Sold May 2023£130,000 | 2 Bed FlatThe Atrium 2, Morledge StreetFlat 113, The Atrium 2, Morledge Street, Leicester, LE1 1ST
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Morledge Street, Leicester, LE1 has a total of 117 addresses. According to our analysis of all the public data, Flat 402, The Atrium 2, Leicester is the 23rd largest and the 57th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in LE1.
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Schools Nearby
- 700mSparkenhoe Community Primary School
- 700mCharnwood Primary School
- 800mHighfields Primary School
- 500mMoat Community College
- 1.4kmCastle Mead Academy
- 1.9kmMadani Girls' School
More reading links
Public Transport Nearby
The closest station to Flat 402, The Atrium 2, Leicester is Leicester station, which is 500 metres away.
- 500mLeicester
- 6.0kmSouth Wigston
- 7.2kmSyston
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
