Flat 2 55 Melbourne Street

    FLAT 2 55, MELBOURNE STREET, LEICESTER, LE2 0AS

    This flat/maisonette leasehold property on Melbourne Street last sold in June 2024 for £120,000. Based on price growth in the LE2 district since then, its estimated current value is £117,938 — placing it in the 6th percentile nationally and the 5th percentile within LE2. The property covers 51 m² (549 sq ft), giving an estimated value of £2,313 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £120,000

    Jun 2024

    Estimated Valuation

    £117,938

    Est. £/sq ft

    £215/sq ft

    £2,313/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area549 sq ft (51 m²)
    EPC dateJan 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jun 2024

    £120,000

    9 Feb 2022

    £120,000

    25 Jul 2018

    £89,950

    Key Metrics

    Estimated valuation£117,938
    Value per sq ft / m²£215/sq ft (£2,313/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE2 district percentile5th percentile
    National percentile6th percentile

    District Context — LE2

    LE2 covers central Leicester, including areas around the city centre and inner residential neighbourhoods. The district has a distinctly urban character with a significant student and young professional population, making it a hub for rentals and city living.

    Average Property Price - LE2

    £299,859

    42

    National percentile

    Average Net Household Income - LE2

    £33,369

    21

    National percentile

    10-Year Annualised Price Growth - LE2

    4.4%

    79

    National percentile

    10-Year Annualised Rent Growth - LE

    4.9%

    93

    National percentile

    View full analysis for LE2

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