Flat 3 177 Mere Road

    FLAT 3 177, MERE ROAD, LEICESTER, LE5 5GR

    This flat/maisonette leasehold property on Mere Road last sold in August 2015 for £63,000. Based on price growth in the LE5 district since then, its estimated current value is £84,870 — placing it in the 2nd percentile nationally and the 1st percentile within LE5. The property covers 44 m² (474 sq ft), giving an estimated value of £1,929 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £63,000

    Aug 2015

    Estimated Valuation

    £84,870

    Est. £/sq ft

    £179/sq ft

    £1,929/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area474 sq ft (44 m²)
    EPC dateMar 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Aug 2015

    £63,000

    Key Metrics

    Estimated valuation£84,870
    Value per sq ft / m²£179/sq ft (£1,929/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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