245 Mere Road

    245, MERE ROAD, LEICESTER, LEICESTER, LE5 5GS

    This terraced freehold property on Mere Road last sold in July 2003 for £48,000. Based on price growth in the LE5 district since then, its estimated current value is £131,722 — placing it in the 9th percentile nationally and the 5th percentile within LE5. The property covers 81 m² (872 sq ft), giving an estimated value of £1,626 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £48,000

    Jul 2003

    Estimated Valuation

    £131,722

    Est. £/sq ft

    £151/sq ft

    £1,626/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area872 sq ft (81 m²)
    EPC dateMay 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jul 2003

    £48,000

    Key Metrics

    Estimated valuation£131,722
    Value per sq ft / m²£151/sq ft (£1,626/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE5 district percentile5th percentile
    National percentile9th 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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