According to the public record, 8, Mere Road, Leicester is a period freehold house with 1,194 ft2 of internal area and sits on a 107 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mere Road, Leicester, LE5 is located within the LE5 postal district.
8, Mere Road, Leicester has 21 entries in the Land Registry database, most recently in January 2013 and a single entry in the EPC database dated August 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Mere Road Leicester as £233,515 and the rental value as £1,007 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 8 Mere Road Leicester has increased by £3,029 (1.3%) and its rental value has increased by £53 per month (5.3%).
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 8, Mere Road, Leicester is in very good condition we estimate a sale value of £245,191 and rental value of £1,058 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,169 and a rental value of £937 per month.
If you were able to purchase this property for the estimated value of £233,515, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,148 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 data from HM Land Registry, 8, Mere Road, Leicester sits on a plot of 107m2.
We have plot size data on 23 out of 29 other houses in the postcode and 8, Mere Road, Leicester sits on the 15th largest plot.
According to HM Land Registry, 8, Mere Road, Leicester was last sold on 18 Jan 2013 for £135,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2013, the market for similar properties has risen 93.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Mere Road, Leicester within a radius of 330 metres over the last 2 years.
The most recent example is 64, Mere Road, Leicester, LE5 3HQ, a Freehold house which sold for £230,000 in Mar 2023.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mere Road, Leicester, LE5 has a total of 334 addresses. According to our analysis of all the public data, 8, Mere Road, Leicester is the 109th largest and the 164th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in LE5.
8, Mere Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 8, Mere Road, Leicester is Leicester station which is 1.5 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 8, Mere Road, Leicester, 43.1% of property is privately rented and 22.0% is socially rented.
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 8, Mere Road, Leicester, 22.7% of residents are recorded as possessing school level qualifications and 14.8% 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 8, Mere Road, Leicester, the average age was 33.9 and the most common age was 22.
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 8, Mere Road, Leicester, 0.8% 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 8, Mere Road, Leicester, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.