242 Mere Road

    242, MERE ROAD, LEICESTER, LEICESTER, LE5 5GP

    This flat/maisonette leasehold property on Mere Road last sold in December 2007 for £115,000. Based on price growth in the LE5 district since then, its estimated current value is £145,900 — placing it in the 12th percentile nationally and the 7th percentile within LE5. The property covers 70 m² (753 sq ft), giving an estimated value of £2,084 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    753 sq ft

    70 m²

    Last Sale Price

    £115,000

    Dec 2007

    Estimated Valuation

    £145,900

    Est. £/sq ft

    £194/sq ft

    £2,084/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formNot Recorded
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area753 sq ft (70 m²)
    EPC dateFeb 2026
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Dec 2007

    £115,000

    10 May 2001

    £32,000

    Key Metrics

    Estimated valuation£145,900
    Value per sq ft / m²£194/sq ft (£2,084/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE5 district percentile7th percentile
    National percentile12th 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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