Apartment 4 Phoenix Square, 11 Morledge Street

    APARTMENT 4 PHOENIX SQUARE, 11, MORLEDGE STREET, LEICESTER, LE1 1TH

    This flat/maisonette leasehold property on Morledge Street last sold in July 2013 for £87,000. Based on price growth in the LE1 district since then, its estimated current value is £104,369 — placing it in the 4th percentile nationally and the 27th percentile within LE1. The property covers 42 m² (452 sq ft), giving an estimated value of £2,485 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    452 sq ft

    42 m²

    Last Sale Price

    £87,000

    Jul 2013

    Estimated Valuation

    £104,369

    Est. £/sq ft

    £231/sq ft

    £2,485/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (community)
    EPC currentB
    EPC potentialB
    Floor area452 sq ft (42 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingCommunity scheme

    Transaction History

    25 Jul 2013

    New build

    £87,000

    Key Metrics

    Estimated valuation£104,369
    Value per sq ft / m²£231/sq ft (£2,485/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE1 district percentile27th percentile
    National percentile4th 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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