Flat 411 The Atrium, 2 Morledge Street

    FLAT 411 THE ATRIUM, 2, MORLEDGE STREET, LEICESTER, LE1 1ST

    This flat/maisonette leasehold property on Morledge Street last sold in July 2017 for £64,000. Based on price growth in the LE1 district since then, its estimated current value is £70,409 — placing it in the 1st percentile nationally and the 5th percentile within LE1. The property covers 39 m² (420 sq ft), giving an estimated value of £1,805 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    420 sq ft

    39 m²

    Last Sale Price

    £64,000

    Jul 2017

    Estimated Valuation

    £70,409

    Est. £/sq ft

    £168/sq ft

    £1,805/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area420 sq ft (39 m²)
    EPC dateMay 2013
    WallsTimber frame, as built, insulated (assumed)
    HeatingRoom heaters, electric, Room heaters, electric

    Transaction History

    11 Jul 2017

    £64,000

    5 Apr 2005

    New build

    £98,542

    Key Metrics

    Estimated valuation£70,409
    Value per sq ft / m²£168/sq ft (£1,805/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE1 district percentile5th 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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