Flat 15 The Strand, 240 Welford Road

    FLAT 15 THE STRAND, 240, WELFORD ROAD, LEICESTER, LE2 6BD

    This flat/maisonette leasehold property on Welford Road last sold in May 2018 for £112,500. Based on price growth in the LE2 district since then, its estimated current value is £117,174 — placing it in the 6th percentile nationally and the 5th percentile within LE2. The property covers 54 m² (581 sq ft), giving an estimated value of £2,170 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    581 sq ft

    54 m²

    Last Sale Price

    £112,500

    May 2018

    Estimated Valuation

    £117,174

    Est. £/sq ft

    £202/sq ft

    £2,170/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area581 sq ft (54 m²)
    EPC dateFeb 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    10 May 2018

    £112,500

    15 Apr 2010

    £125,000

    Key Metrics

    Estimated valuation£117,174
    Value per sq ft / m²£202/sq ft (£2,170/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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