246 Mere Road, Leicester, LE5 5GP is a freehold terraced property built before 1900. 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 £247,481 , which equates to approximately £284 per square foot. It was last sold on 28 Mar 2008 for £143,000. Since then, the value has increased by £104,481, representing a 73.1% increase, or approximately 4.1% per year.

The current estimated value of £247,481 is:

  • 9.1% higher than the average property price on Mere Road
  • 32.6% higher than the average in the LE5 5GP postcode area
  • and 16.1% lower than the average price for Leicester as a whole

At the most recent EPC inspection on 27 February 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
872 sq ft
Tenure
Freehold
Price (estimate)
£247,481
Price Per sq ft (estimate)
£284
Bedroom Count (estimate)
3 bedrooms

EPC Summary

246 Mere Road, Leicester, LE5 5GP has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 22 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 fully double glazed.

The previous EPC assessment was conducted on 22 Mar 2016, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 74.2%.

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.
  • The lighting was updated from no low energy lighting to low energy lighting in 25% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 25% of fixed outlets
Average

Compared to LE5 5GP

2 nd / 17
Price Rank
33% higher than average
6 th / 14
Size Rank
3% smaller than average
1 st / 14
Price Per Sq FT Rank
37% higher than average

Compared to other properties in LE5 5GP , this house's estimated value ranks 2nd out of 17. Based on price per square foot, it ranks 1st out of 14 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 6th out of 14 properties in its postcode area.

Sale History

Today
£247,481
streetscan.co.uk estimate
+73 %
28 Mar 2008
£143,000
Leasehold
+10 %
21 Dec 2005
£130,000
Leasehold
+116.7 %
21 Aug 2002
£60,000
Leasehold
+50 %
30 Sep 1999
£40,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 753 sq ft
sale price: £120,500
sale date: 13 May 2016
rooms: 4
size: 893 sq ft
sale price: £120,000
sale date: 4 Mar 2016
rooms: 4
size: 861 sq ft
sale price: £119,000
sale date: 22 Jan 2014
rooms: 4
size: 904 sq ft
sale price: £93,000
sale date: 21 Jun 2010
rooms: 4
size: 829 sq ft
sale price: £116,500
sale date: 27 Jul 2007

Data Sources

The property at 246 Mere Road, Leicester, LE5 5GP appears four times in the Land Registry records, with the latest transaction recorded on 28 Mar 2008. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 22 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.