Flat 406, The Atrium, 2 Morledge Street, Leicester, LE1 1ST is a leasehold flat built between 2003-2006. The property offers approximately 495 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £71,246 , which equates to approximately £144 per square foot. It was last sold on 29 Mar 2022 for £70,000. Since then, the value has increased by £1,246, representing a 1.8% increase, or approximately 0.5% per year.

The current estimated value of £71,246 is:

  • 60.3% lower than the average property price on Morledge Street
  • 48.1% lower than the average in the LE1 1ST postcode area
  • and 75.3% lower than the average price for Leicester as a whole

At the most recent EPC inspection on 3 February 2021, the property was recorded as rented.

View sold house prices in LE1 1ST

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£71,246
Price Per sq ft (estimate)
£144
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 406, The Atrium, 2 Morledge Street, Leicester, LE1 1ST has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 3 Feb 2021.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Jul 2010. The rating of C remains the same, but the energy efficiency score improved by 4.2%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Solid brick, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LE1 1ST

55 th / 66
Price Rank
48% lower than average
55 th / 66
Size Rank
28% smaller than average
34 th / 66
Price Per Sq FT Rank
28% lower than average

Compared to other properties in LE1 1ST , this flat's estimated value ranks 55th out of 66. Based on price per square foot, it ranks 34th out of 66 properties. In terms of size, this home ranks 55th out of 66 properties in its postcode area.

Sale History

Today
£71,246
streetscan.co.uk estimate
+2 %
29 Mar 2022
£70,000
Leasehold
+12.9 %
2 Feb 2015
£62,000
Leasehold
-22.5 %
20 Jan 2006
£80,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 1
size: 517 sq ft
sale price: £61,000
sale date: 7 Dec 2022
rooms: 2
size: 430 sq ft
sale price: £75,000
sale date: 15 Oct 2021
rooms: 2
size: 560 sq ft
sale price: £77,000
sale date: 28 May 2021
rooms: 1
size: 474 sq ft
sale price: £61,000
sale date: 10 Oct 2019
rooms: 2
size: 431 sq ft
sale price: £84,700
sale date: 10 Apr 2018

Data Sources

The property at Flat 406, The Atrium, 2 Morledge Street, Leicester, LE1 1ST appears three times in the Land Registry records, with the latest transaction recorded on 29 Mar 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Feb 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.