Apartment 8 Phoenix Square, 11 Morledge Street

    APARTMENT 8 PHOENIX SQUARE, 11, MORLEDGE STREET, LEICESTER, LE1 1TH

    This flat/maisonette leasehold property on Morledge Street last sold in July 2016 for £147,000. Based on price growth in the LE1 district since then, its estimated current value is £166,657 — placing it in the 16th percentile nationally and the 78th percentile within LE1. The property covers 62 m² (667 sq ft), giving an estimated value of £2,688 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    667 sq ft

    62 m²

    Last Sale Price

    £147,000

    Jul 2016

    Estimated Valuation

    £166,657

    Est. £/sq ft

    £250/sq ft

    £2,688/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (community)
    EPC currentB
    EPC potentialB
    Floor area667 sq ft (62 m²)
    EPC dateJul 2020
    WallsSystem built, as built, insulated (assumed)
    HeatingCommunity scheme

    Transaction History

    11 Jul 2016

    £147,000

    26 Jun 2014

    New build

    £131,500

    Key Metrics

    Estimated valuation£166,657
    Value per sq ft / m²£250/sq ft (£2,688/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE1 district percentile78th percentile
    National percentile16th 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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