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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat E, 2, Melbourne Street, Leicester is a period apartment with 581 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 E, 2, Melbourne Street, Leicester is £110,402 and the estimated rental value is £705 per month.
The apartment is within 2, Melbourne Street, Leicester, LE2.
Melbourne Street, Leicester, LE2 is located within the LE2 postal district.
Flat E, 2, Melbourne Street, Leicester has no records in the the Land Registry and a single entry in the EPC database dated January 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 E, 2, Melbourne Street, Leicester is in very good condition we estimate a sale value of £115,922 and a rental value of £740 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,674 and a rental value of £655 per month.
Over the last 12 months the sale value of Flat E 2 Melbourne Street Leicester has decreased by an estimated £2,355 (2.1%) and its rental value has increased by an estimated £20 per month (2.8%), giving an expected gross yield of 7.7%.
Flat E, 2, Melbourne Street, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat E, 2, Melbourne Street, Leicester within a radius of 380 metres over the last 2 years.
The most recent example is Flat 2, 55, Melbourne Street, Leicester, LE2 0AS, a leasehold flat which sold for £120,000 on the 28th June 2024.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Street, Leicester, LE2 has a total of 66 addresses. According to our analysis of all the public data, Flat E, 2, Melbourne Street, Leicester is the 49th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in LE2.
The closest station to Flat E, 2, Melbourne Street, Leicester is Leicester station which is 800 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat E, 2, Melbourne Street, Leicester, 33.8% of property is privately owned outright and 28.6% is privately rented.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat E, 2, Melbourne Street, Leicester, 29.9% of residents are recorded as possessing school level qualifications and 16.4% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat E, 2, Melbourne Street, Leicester, the average age was 33.5 and the most common age was 12.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat E, 2, Melbourne Street, Leicester, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat E, 2, Melbourne Street, Leicester, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
