According to the public record, 10, Mereworth Close, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 936 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Mereworth Close, Leicester, LE5 is located within the LE5 postal district.
10, Mereworth Close, Leicester has a single entry in the Land Registry database from April 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 10 Mereworth Close Leicester as £242,627 and the rental value as £1,012 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 10 Mereworth Close Leicester has increased by £4,137 (1.7%) and its rental value has increased by £60 per month (5.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 10, Mereworth Close, Leicester is in very good condition we estimate a sale value of £254,758 and rental value of £1,062 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,643 and a rental value of £941 per month.
If you were able to purchase this property for the estimated value of £242,627, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,192 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 10, Mereworth Close, Leicester was last sold on 04 Apr 2006 for £113,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Mereworth Close, Leicester within a radius of 480 metres over the last 2 years.
The most recent example is 33, Mereworth Close, Leicester, LE5 0NS, a Freehold house which sold for £252,500 in Jun 2022.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mereworth Close, Leicester, LE5 has a total of 53 addresses. According to our analysis of all the public data, 10, Mereworth Close, Leicester is the 26th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in LE5.
The closest station to 10, Mereworth Close, Leicester is Leicester station which is 2.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 10, Mereworth Close, Leicester, 55.7% of property is socially rented and 18.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 10, Mereworth Close, Leicester, 24.7% of residents are recorded as possessing school level qualifications and 15.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 10, Mereworth Close, Leicester, the average age was 32.7 and the most common age was 17.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 10, Mereworth Close, Leicester, 2.2% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 10, Mereworth Close, Leicester, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.