Flat 4, 254 Mere Road, Leicester, LE5 5GP is a leasehold flat built in 2007 onwards. The property offers approximately 798 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £138,360 , which equates to approximately £174 per square foot. It was last sold on 19 Jan 2016 for £92,000. Since then, the value has increased by £46,360, representing a 50.4% increase, or approximately 5.1% per year.

The current estimated value of £138,360 is:

  • 39.0% lower than the average property price on Mere Road
  • 25.8% lower than the average in the LE5 5GP postcode area
  • and 53.1% lower than the average price for Leicester as a whole

View sold house prices in LE5 5GP

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
798 sq ft
Tenure
Leasehold
Price (estimate)
£138,360
Price Per sq ft (estimate)
£174
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 4, 254 Mere Road, Leicester, LE5 5GP has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 25 Feb 2009.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, with internal insulation
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 58% of fixed outlets
Good

Compared to LE5 5GP

14 th / 17
Price Rank
26% lower than average
10 th / 14
Size Rank
11% smaller than average
12 th / 14
Price Per Sq FT Rank
16% lower than average

Compared to other properties in LE5 5GP , this flat's estimated value ranks 14th out of 17. Based on price per square foot, it ranks 12th 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 10th out of 14 properties in its postcode area.

Sale History

Today
£138,360
streetscan.co.uk estimate
+50 %
19 Jan 2016
£92,000
Leasehold
+84 %
11 Sep 2014
£50,000
Leasehold

Area Insights

Nearby Properties

rooms: 2
size: 646 sq ft
sale price: £82,000
sale date: 19 Jan 2016
rooms: 4
size: 1141 sq ft
sale price: £105,000
sale date: 28 Jun 2011
rooms: 5
size: 872 sq ft
sale price: £143,000
sale date: 28 Mar 2008
rooms: 3
size: 614 sq ft
sale price: £115,000
sale date: 21 Dec 2007
rooms: 4
size: 861 sq ft
sale price: £119,000
sale date: 22 Jan 2014

Data Sources

The property at Flat 4, 254 Mere Road, Leicester, LE5 5GP appears two times in the Land Registry records, with the latest transaction recorded on 19 Jan 2016. It also has a single Energy Performance Certificate (EPC) from 25 Feb 2009. 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.