224 Mere Road, Leicester, LE5 5GP is a freehold terraced property built before 1900. The property offers approximately 1,098 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £66,857 , which equates to approximately £61 per square foot. It was last sold on 16 Sep 2002 for £20,880. Since then, the value has increased by £45,977, representing a 220.2% increase, or approximately 9.5% per year.

The current estimated value of £66,857 is:

  • 70.5% lower than the average property price on Mere Road
  • 64.2% lower than the average in the LE5 5GP postcode area
  • and 77.3% lower than the average price for Leicester as a whole

At the most recent EPC inspection on 16 March 2016, the property was recorded as owner-occupied.

View sold house prices in LE5 5GP

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
1098 sq ft
Tenure
Freehold
Price (estimate)
£66,857
Price Per sq ft (estimate)
£61
Bedroom Count (estimate)
4 bedrooms

EPC Summary

224 Mere Road, Leicester, LE5 5GP has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 16 Mar 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 main heating system. The windows are single glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to LE5 5GP

17 th / 17
Price Rank
64% lower than average
2 nd / 14
Size Rank
22% bigger than average
14 th / 14
Price Per Sq FT Rank
71% lower than average

Compared to other properties in LE5 5GP , this house's estimated value ranks 17th out of 17. Based on price per square foot, it ranks 14th out of 14 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 2nd out of 14 properties in its postcode area.

Sale History

Today
£66,857
streetscan.co.uk estimate
+220 %
16 Sep 2002
£20,880
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1141 sq ft
sale price: £105,000
sale date: 28 Jun 2011
rooms: 5
size: 936 sq ft
sale price: £28,500
sale date: 3 Nov 1999
rooms: 5
size: 1152 sq ft
sale price: £245,000
sale date: 26 Jul 2024
rooms: 5
size: 1119 sq ft
sale price: £230,000
sale date: 31 Mar 2023
rooms: 4
size: 1141 sq ft
sale price: £220,000
sale date: 14 Jan 2022

Data Sources

The property at 224 Mere Road, Leicester, LE5 5GP appears once in the Land Registry records, with the transaction recorded on 16 Sep 2002. It also has a single Energy Performance Certificate (EPC) from 16 Mar 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.