227 Mere Road, Leicester, LE5 5GR is a freehold terraced property built before 1900. The property offers approximately 1,044 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £197,390 , which equates to approximately £189 per square foot. It was last sold on 20 Feb 2012 for £100,000. Since then, the value has increased by £97,390, representing a 97.4% increase, or approximately 7.1% per year.

The current estimated value of £197,390 is:

  • 13.0% lower than the average property price on Mere Road
  • 13.7% lower than the average in the LE5 5GR postcode area
  • and 33.1% lower than the average price for Leicester as a whole

At the most recent EPC inspection on 25 November 2021, the property was recorded as rented.

View sold house prices in LE5 5GR

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
1044 sq ft
Tenure
Freehold
Price (estimate)
£197,390
Price Per sq ft (estimate)
£189
Bedroom Count (estimate)
3 bedrooms

EPC Summary

227 Mere Road, Leicester, LE5 5GR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Nov 2021.

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 fully double glazed.

The previous EPC assessment was conducted on 12 Oct 2009. The rating of D is unchanged, though the energy efficiency score decreased by 5.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 300 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from very good to very poor.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
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
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LE5 5GR

12 th / 15
Price Rank
14% lower than average
6 th / 12
Size Rank
5% smaller than average
9 th / 12
Price Per Sq FT Rank
9% lower than average

Compared to other properties in LE5 5GR , this house's estimated value ranks 12th out of 15. Based on price per square foot, it ranks 9th 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 6th out of 12 properties in its postcode area.

Sale History

Today
£197,390
streetscan.co.uk estimate
+97 %
20 Feb 2012
£100,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 969 sq ft
sale price: £200,000
sale date: 10 Jan 2022
rooms: 5
size: 915 sq ft
sale price: £150,000
sale date: 8 Apr 2019
rooms: 5
size: 958 sq ft
sale price: £115,000
sale date: 26 Jun 2015
rooms: 5
size: 980 sq ft
sale price: £140,000
sale date: 15 Dec 2004
rooms: 4
size: 980 sq ft
sale price: £33,000
sale date: 12 Nov 1997

Data Sources

The property at 227 Mere Road, Leicester, LE5 5GR appears once in the Land Registry records, with the transaction recorded on 20 Feb 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Nov 2021. 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.