Flat 406 The Atrium, 2 Morledge Street

    FLAT 406 THE ATRIUM, 2, MORLEDGE STREET, LEICESTER, LE1 1ST

    This flat/maisonette leasehold property on Morledge Street last sold in March 2022 for £70,000. Based on price growth in the LE1 district since then, its estimated current value is £68,057 — placing it in the 1st percentile nationally and the 4th percentile within LE1. The property covers 65 m² (700 sq ft), giving an estimated value of £1,047 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £70,000

    Mar 2022

    Estimated Valuation

    £68,057

    Est. £/sq ft

    £97/sq ft

    £1,047/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area700 sq ft (65 m²)
    EPC dateJan 2020
    WallsSolid brick, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    29 Mar 2022

    £70,000

    2 Feb 2015

    £62,000

    20 Jan 2006

    New build

    £80,000

    Key Metrics

    Estimated valuation£68,057
    Value per sq ft / m²£97/sq ft (£1,047/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE1 district percentile4th percentile
    National percentile1st percentile

    District Context — LE1

    LE1 covers Leicester city centre and its immediately surrounding neighbourhoods, positioned at the heart of the East Midlands. The district is characterised by urban living and a significant student and young professional population.

    Average Property Price - LE1

    £137,230

    2

    National percentile

    Average Net Household Income - LE1

    £34,705

    30

    National percentile

    10-Year Annualised Price Growth - LE1

    1.5%

    5

    National percentile

    10-Year Annualised Rent Growth - LE

    4.9%

    93

    National percentile

    View full analysis for LE1

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