242 Mere Road, LEICESTER, LE5 5GP

✓ Facts Checked By Data Team - Written By Eva Machova - Reviewed By Amy Lewin

This article covers information about property 242 Mere Road, LEICESTER, LE5 5GP. Find valuable data like

This article also covers information about the property, like lease details, property type, estimated valuation, Sales trends in the region, Average growth of property price, etc.

Basic Details Of The Property

Property Name 242 Mere Road
Complete Address 242 Mere Road, LEICESTER, LE5 5GP
Type Residential
Property Structure Flat / Maisonette
Growth Rate in Valuation 170.44% of average growth in price per year.
Estimated Valuation £3,839,208.1 (considering average growth)
Last Sale Date 2007-12-21
Last Sale Price £115,000
Lease Type Leasehold
Size 1600 Sq Ft.
Year Of Construction 1971
No Of Rooms 4
No Of Baths 2
Pet Rules Only cats are allowed

Detail Information Of The Property 242 Mere Road, LEICESTER, LE5 5GP

242 Mere Road, LEICESTER, is a residential property located in Stoneygate Ward of Leicester District, England. This property is of Flat / Maisonette type, and the current ownership type is Leasehold. The previous owner last sold this property on 2007-12-21 for £115,000. During the last transfer of ownership, the seller mentioned no new construction. This property has been sold 2 time(s) in the last 25 years.

242 Mere Road, LEICESTER, is at the height of 83 meters above sea level. Geo-coordinates of the address is 52.62842300, -1.10872900.


Get Directions To 242 Mere Road, LEICESTER, LE5 5GP

Postcode & Mail Information

You can send mail to this property by copying the mailing address below. LE5 5GP Postcode receives 25 or fewer mail per day. Royal Mail delivery of mail to this address is comparatively slow. You can easily send mail to this address using Royal Mail postal service or using any courier agency.

Mailing Address

242 Mere Road, LEICESTER,
Leicester, Stoneygate, England
LE5 5GP

Locality Information

The property is located in the Leicester Town area. The locality type is urban city and town. According to the 2011 census, 22.25% of the people in the locality are below poverty. The postcode LE5 5GP has a population of 86. The locality has 24 properties. Out of which 33 are residential properties and -9 business properties.

Property Location Information

Latitude 52.62842300
Longitude -1.10872900
Northing 303780
Easting 460424
Altitude 83 Meters
Postcode Area LE
Postcode District LE5
Postcode Sector LE5 5

Administrative Areas

Country England
County Leicestershire
District Leicester
Ward Stoneygate
Parish Leicester, unparished area
Local Authority N/A
Constituency Leicester South
Region East Midlands

Railway Station

Station Leicester
Distance To Station 0.72 mi

Work Place

Area Name Leicester
Average Income £30700

Safety & Water Facilities

Police Force Leicestershire
Water Company Severn Trent
Sewage Company N/A

Property Sales Data For 242 Mere Road, LEICESTER, LE5 5GP

Address Property Type Price Date
242 MERE ROAD, LEICESTER, LE5 5GP Flat / Maisonette (Leasehold) £32,000

£115,000

 2001-05-10
2007-12-21
View All Property Sales In The Region

There has been average growth of 170.44% for all properties in LE5 5GP locality. By checking the graph below we can see the sales trend from 1995 to the present. Out of all property types, Detached property has always been the most valued and flats are the lowest in valuation.

The current average valuation by property types are as follows:
Detached current average price of detached properties in the locality is 402701 GBP.
Semi Detached current average price of detached properties in the locality is 257522 GBP.
Terraced current average price of detached properties in the locality is 209510 GBP.
Flat current average price of detached properties in the locality is 136034 GBP.

£3,839,208.1 is the estimated property value as of today. This is calculated by considering the last sale price and average growth of 170.44% per year in the region. Estimated property price is calculated using many factors some of them are as below.

  • Locality
  • Size of the property
  • Type of property
  • Facilities in and around the property
  • Distance from road
  • Parking
  • Neighborhood

Property Sales Trend

Estimated Property Value

Estimated Worth Of This Property £3,839,208.1
Average Sales Price Of Property in this area £263540

Public Transport Near 242 Mere Road, LEICESTER, LE5 5GP

Bus Stops

Stop Location Distance
Ashover Road
Ashover Road (opp), East Park Road, North Evington
 31.02 metres
Ashover Road
Baslow Road (adj), East Park Road, North Evington
 55.79 metres
Laurel Road
Laurel Road (after), St Peters Road, Highfields
 130.82 metres
Shipley Road
5 Chesterfield Road (opp), Chesterfield Road, North Evington
 138.71 metres
Laurel Road
Laurel Road (opposite), St Peters Road, Highfields
 159.55 metres

Airports

Airport Location Distance
East Midlands Airport
East Mids Airport
 26.65 km
Coventry Airport
Baginton
 38.19 km

Railway Stations

Station Location Distance
Leicester Rail Station
Leicester
 1.17 km
South Wigston Rail Station
South Wigston
 5.42 km
Syston Rail Station
Syston
 7.53 km
Narborough Rail Station
Narborough
 9.03 km
Sileby Rail Station
Sileby
 11.48 km

Metro Stations

Station Location Distance
Leicester North (Great Central Railway)
Birstall
 4.62 km

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