245 Mere Road, Leicester, LE5 5GS is a freehold terraced property built between 1900-1929. The property offers approximately 872 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 £126,160 , which equates to approximately £145 per square foot. It was last sold on 29 Jul 2003 for £48,000. Since then, the value has increased by £78,160, representing a 162.8% increase, or approximately 7.3% per year.

The current estimated value of £126,160 is:

  • 44.4% lower than the average property price on Mere Road
  • 36.4% lower than the average in the LE5 5GS postcode area
  • and 57.2% lower than the average price for Leicester as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. 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 4 May 2016, the property was recorded as owner-occupied.

View sold house prices in LE5 5GS

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
872 sq ft
Tenure
Freehold
Price (estimate)
£126,160
Price Per sq ft (estimate)
£145
Bedroom Count (estimate)
3 bedrooms

EPC Summary

245 Mere Road, Leicester, LE5 5GS has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 4 May 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 fully double glazed.

The previous EPC assessment was conducted on 27 Feb 2016. The rating of E is unchanged, though the energy efficiency score decreased by 11.4%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 270 mm loft insulation to pitched, no insulation (assumed), changing energy efficiency from good to very poor.
  • The windows were upgraded from some double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency improving from average to 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 50% of fixed outlets
Good

Compared to LE5 5GS

15 th / 17
Price Rank
36% lower than average
3 rd / 12
Size Rank
3% bigger than average
12 th / 12
Price Per Sq FT Rank
38% lower than average

Compared to other properties in LE5 5GS , this house's estimated value ranks 15th out of 17. Based on price per square foot, it ranks 12th 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 3rd out of 12 properties in its postcode area.

Sale History

Today
£126,160
streetscan.co.uk estimate
+163 %
29 Jul 2003
£48,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 753 sq ft
sale price: £190,000
sale date: 31 May 2024
rooms: 4
size: 861 sq ft
sale price: £178,000
sale date: 23 Aug 2021
rooms: 5
size: 786 sq ft
sale price: £195,000
sale date: 10 Apr 2019
rooms: 4
size: 969 sq ft
sale price: £115,000
sale date: 18 Mar 2014
rooms: 5
size: 764 sq ft
sale price: £49,950
sale date: 22 Apr 2002

Data Sources

The property at 245 Mere Road, Leicester, LE5 5GS appears once in the Land Registry records, with the transaction recorded on 29 Jul 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 May 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.