197 Mere Road, Leicester, LE5 5GR is a freehold terraced property built before 1900. The property offers approximately 1,593 square feet of living space. In this location, properties of similar size usually have five bedrooms.

The estimated current market value of the property is £300,381 , which equates to approximately £189 per square foot. It was last sold on 28 Jun 2002 for £84,950. Since then, the value has increased by £215,431, representing a 253.6% increase, or approximately 10.8% per year.

The current estimated value of £300,381 is:

  • 32.5% higher than the average property price on Mere Road
  • 31.3% higher than the average in the LE5 5GR postcode area
  • and 1.9% higher than the average price for Leicester as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (4 out of 4 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 12 November 2016, the property was recorded as owner-occupied.

View sold house prices in LE5 5GR

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
1593 sq ft
Tenure
Freehold
Price (estimate)
£300,381
Price Per sq ft (estimate)
£189
Bedroom Count (estimate)
5 bedrooms

EPC Summary

197 Mere Road, Leicester, LE5 5GR has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 12 Nov 2016.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are single glazed.

The previous EPC assessment was conducted on 12 Nov 2016. The rating of E remains the same, but the energy efficiency score improved by 4%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, 100 mm loft insulation, improving energy efficiency from very poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 27% of fixed outlets
Average

Compared to LE5 5GR

3 rd / 15
Price Rank
31% higher than average
1 st / 12
Size Rank
45% bigger than average
8 th / 12
Price Per Sq FT Rank
9% lower than average

Compared to other properties in LE5 5GR , this house's estimated value ranks 3rd out of 15. Based on price per square foot, it ranks 8th out of 12 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 12 properties in its postcode area.

Sale History

Today
£300,381
streetscan.co.uk estimate
+254 %
28 Jun 2002
£84,950
Leasehold
+45.2 %
21 Feb 2000
£58,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 7
size: 1432 sq ft
sale price: £185,000
sale date: 28 Mar 2018
rooms: 6
size: 1399 sq ft
sale price: £300,000
sale date: 22 Mar 2024
rooms: 8
size: 1658 sq ft
sale price: £332,000
sale date: 8 Dec 2023
rooms: 6
size: 1561 sq ft
sale price: £125,000
sale date: 6 Apr 2022
rooms: 8
size: 1604 sq ft
sale price: £293,000
sale date: 12 Aug 2021

Data Sources

The property at 197 Mere Road, Leicester, LE5 5GR appears two times in the Land Registry records, with the latest transaction recorded on 28 Jun 2002. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Nov 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.