224 Mere Road

    224, MERE ROAD, LEICESTER, LEICESTER, LE5 5GP

    This terraced freehold property on Mere Road last sold in September 2002 for £20,880. Based on price growth in the LE5 district since then, its estimated current value is £79,156 — placing it in the 2nd percentile nationally and the 1st percentile within LE5. The property covers 102 m² (1,098 sq ft), giving an estimated value of £776 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,098 sq ft

    102 m²

    Last Sale Price

    £20,880

    Sept 2002

    Estimated Valuation

    £79,156

    Est. £/sq ft

    £72/sq ft

    £776/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,098 sq ft (102 m²)
    EPC dateMar 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Sept 2002

    £20,880

    Key Metrics

    Estimated valuation£79,156
    Value per sq ft / m²£72/sq ft (£776/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE5 district percentile1st percentile
    National percentile2nd percentile

    District Context — LE5

    LE5 covers parts of the Leicester area in the East Midlands. It is a mixed residential district with a diverse economic and social character.

    Average Property Price - LE5

    £276,673

    35

    National percentile

    Average Net Household Income - LE5

    £29,780

    7

    National percentile

    10-Year Annualised Price Growth - LE5

    4.7%

    83

    National percentile

    10-Year Annualised Rent Growth - LE

    4.9%

    93

    National percentile

    View full analysis for LE5

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