51 Medway Street

    51, MEDWAY STREET, LEICESTER, LEICESTER, LE2 1BR

    This terraced freehold property on Medway Street last sold in December 1998 for £23,000. Based on price growth in the LE2 district since then, its estimated current value is £116,161 — placing it in the 6th percentile nationally and the 5th percentile within LE2. The property covers 71 m² (764 sq ft), giving an estimated value of £1,636 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    764 sq ft

    71 m²

    Last Sale Price

    £23,000

    Dec 1998

    Estimated Valuation

    £116,161

    Est. £/sq ft

    £152/sq ft

    £1,636/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area764 sq ft (71 m²)
    EPC dateJul 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Dec 1998

    £23,000

    29 Jan 1996

    £25,500

    Key Metrics

    Estimated valuation£116,161
    Value per sq ft / m²£152/sq ft (£1,636/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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