116 Meadvale Road

    116, MEADVALE ROAD, LEICESTER, LE2 3WL

    This semi-detached freehold property on Meadvale Road last sold in August 2024 for £450,000. Based on price growth in the LE2 district since then, its estimated current value is £452,227 — placing it in the 74th percentile nationally and the 86th percentile within LE2. The property covers 119 m² (1,281 sq ft), giving an estimated value of £3,800 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,281 sq ft

    119 m²

    Last Sale Price

    £450,000

    Aug 2024

    Estimated Valuation

    £452,227

    Est. £/sq ft

    £353/sq ft

    £3,800/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,281 sq ft (119 m²)
    EPC dateSept 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Aug 2024

    £450,000

    Key Metrics

    Estimated valuation£452,227
    Value per sq ft / m²£353/sq ft (£3,800/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE2 district percentile86th percentile
    National percentile74th 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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