Flat 1, 148 Mere Road, Leicester, LE5 5GN is a leasehold flat built before 1900. The property offers approximately 484 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £65,722 , which equates to approximately £136 per square foot. It was last sold on 6 May 2016 for £45,000. Since then, the value has increased by £20,722, representing a 46.0% increase, or approximately 4.8% per year.

The current estimated value of £65,722 is:

  • 71.0% lower than the average property price on Mere Road
  • 72.8% lower than the average in the LE5 5GN postcode area
  • and 77.7% lower than the average price for Leicester as a whole

At the most recent EPC inspection on 4 September 2015, the property was recorded as owner-occupied.

View sold house prices in LE5 5GN

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
484 sq ft
Tenure
Leasehold
Price (estimate)
£65,722
Price Per sq ft (estimate)
£136
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 1, 148 Mere Road, Leicester, LE5 5GN has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 4 Sep 2015.

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 have partial double glazing.

The previous EPC assessment was conducted on 8 Apr 2014, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 24.2%.

Since the previous assessment, several changes were observed:

  • The windows were upgraded from fully double glazed to partial double glazing.
  • The lighting was updated from low energy lighting in all fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Partial double glazing
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to LE5 5GN

15 th / 18
Price Rank
73% lower than average
13 th / 14
Size Rank
61% smaller than average
4 th / 14
Price Per Sq FT Rank
30% lower than average

Compared to other properties in LE5 5GN , this flat's estimated value ranks 15th out of 18. Based on price per square foot, it ranks 4th 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 13th out of 14 properties in its postcode area.

Sale History

Today
£65,722
streetscan.co.uk estimate
+46 %
6 May 2016
£45,000
Leasehold
-40 %
8 Aug 2008
£75,000
Leasehold
+15.4 %
30 Jul 2007
£65,000
Leasehold
+58.5 %
2 Jul 2003
£41,000
Leasehold

Area Insights

Nearby Properties

Flat 4, 148 Mere Road, Leicester, LE5 5GN
rooms: 3
size: 592 sq ft
sale price: £62,250
sale date: 18 Feb 2019
Flat 2, 148 Mere Road, Leicester, LE5 5GN
rooms: 2
size: 409 sq ft
sale price: £65,000
sale date: 18 Dec 2019
144 Mere Road, Leicester, LE5 5GN
rooms: 9
size: 2013 sq ft
sale price: £241,000
sale date: 14 Sep 2015
168 Mere Road, Leicester, LE5 5GN
rooms: 8
size: 1528 sq ft
sale price: £124,500
sale date: 30 Dec 2016
172 Mere Road, Leicester, LE5 5GN
rooms: 8
size: 2271 sq ft
sale price: £220,000
sale date: 30 Jun 2006

Data Sources

The property at Flat 1, 148 Mere Road, Leicester, LE5 5GN appears four times in the Land Registry records, with the latest transaction recorded on 6 May 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Sep 2015. 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.
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