Property profile

54 Melbourne Street

Map showing 54 Melbourne Street, Leicester

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£375,000

Terraced sold in Wycliffe

The box shows the middle 50% of terraced sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold18 Mar 2024
£375,000Change since last sale: −£1,000 (−0.4%)
Annualised change
−0.1% per yearLeicester annualised change (terraced) since 2024: +0.6% per yearThis property underperformed the market
Price per sq ftLocal median £245 per sq ft
£170 per sq ftEstimate vs local median: −£75 per sq ft (−30%)
Local sold pricesMedian for terraced in Wycliffe
£232,500Estimate vs local median: +£141,000 (+61%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Mid-Terrace
TenureFreehold
Construction period1900-1929
Floor area204 m² / 2,196 sq ft
Rooms7 habitable / 7 heated
EPC ratingD
EPC inspection30 Jun 2021

Sales history

DatePriceChange
18 Mar 2024£375,000+635%
21 May 1999£51,000-

Local market

Property prices in Wycliffe

Median price: £230,000
Price per sq ft: £240
Sales (last 12 months): 26
Typical range (middle 50%): £193K – £251K

Based on 26 recent sales, the median property price is £230,000 (about £240 per square foot) in Wycliffe area, with individual transactions ranging from £110,000 up to £350,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Wycliffe over the last year.
TypeSalesMedian£/sq ft
Terraced21£232,500£245
Semi-Detached1£230,000£301
Flats4£158,500£177

10-year price trendmedian sale price in Wycliffe

Sale price

Ten year median sale price trend for each property type in Wycliffe.
YearFlatsTerraced
2016—£130,000
2017£83,500£146,000
2018£89,950£170,000
2019£94,000£161,000
2020£100,000£187,500
2021£121,000£222,500
2022£135,000£232,500
2023£140,000£223,750
2024£120,000£201,500
2025£152,000£230,000
2026—£230,000
Ten year median sale price trend for each property type in Wycliffe.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Wycliffe.
YearFlatsTerraced
2016—£149
2017£106£166
2018£164£194
2019£123£206
2020£141£216
2021£158£207
2022£206£246
2023£180£246
2024£159£211
2025£180£242
2026—£274
Ten year median sale price per square foot trend for each property type in Wycliffe.

Price distribution by property typelast 12 months

Price distribution by property type for Wycliffe in the last year.

Recent sales

There were 36 recent sold properties in the last 18 months near LE2 0AS.

Recent sold properties in the last 18 months near LE2 0AS
DateAddressTypeTenurePriceMap
22 Aug 202526, Melbourne Street, Leicester, LE2 0ASTerracedFreehold£230,000
12 Jun 202627, Maynard Road, Leicester, LE2 0APTerracedFreehold£230,000
10 Jun 202661, Maynard Road, Leicester, LE2 0APTerracedFreehold£238,000
03 Dec 202524, Keythorpe Street, Leicester, LE2 0ALTerracedFreehold£315,000
30 May 202512, Keythorpe Street, Leicester, LE2 0ALTerracedFreehold£330,000

Other properties at this postcode

AddressTenureFloor areaLast sale
14, Melbourne Street, LeicesterFreehold209 m²£56,250 (2000)
22 Melbourne Street, LeicesterFreehold129 m²£318,000 (2024)
24, Melbourne Street, Leicester-157 m²-
25 Melbourne Street, Leicester-113 m²-
26 Melbourne Street, LeicesterFreehold89 m²£230,000 (2025)
27, Melbourne Street, Leicester-119 m²-
30 Melbourne Street, Leicester-122 m²-
32, Melbourne Street, LeicesterFreehold115 m²£140,000 (2013)
34, Melbourne Street, LeicesterFreehold144 m²£90,000 (2003)
35 Melbourne Street, Leicester-94 m²-

Area insights for LE2 0AS

Full area profile →

Overview

Postcode LE2 0AS is located in an urban city, within the Wycliffe area of Leicester in the East Midlands region, and forms part of the St Matthews & Highfields North area. It has very high deprivation and very low crime levels, with around 25.8 crimes per 1,000 residents per year, about 73% below the East Midlands average of 96 per 1,000. The average income per household in St Matthews & Highfields North is £39,583 per year. The median sale price in Wycliffe is £230,000 (around £240 per square foot), with typical sale prices between £192,500 and £250,750. The nearest station is Leicester, about 0.6 miles away. There are 13 primary and 1 secondary schools in the area. There are 3 parks nearby, the closest large park is Spinney Hill Park.

Crime rate
2/10
Crimes per 1k residents
26
Deprivation level
9/10
Income level
1/10
Social housing
18.5%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

9/10

St Matthews & Highfields North has a very high level of deprivation, ranked at position 4,929 out of 32,844 areas in England, placing it within the top 15% most deprived areas in England.

Crime level

2/10

St Matthews & Highfields North has a very low crime rate, with approximately 25.8 reported incidents per 1,000 population each year.

Social housing

18.5%

Approximately 18.5% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 48.4% of dwellings are socially rented.

Income level

1/10

The average income per household in St Matthews & Highfields North is £39,583 per year.

Noise Level

No noise

No significant noise sources from railways or roads near LE2 0AS.

Flood risk

No risk

St Matthews & Highfields North near LE2 0AS has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Leicester located about 0.6 miles away. There are 1 stations nearby.

Nearby public transport stations for LE2 0AS
DistanceNameLinesDirections
0.6 mi

Leicester

N/A

Walking directions to Leicester

Parks

Nearby parks and green spaces for LE2 0AS
DistanceNameSizeDirections
0.3 miSpinney Hill ParkLargeWalking directions to Spinney Hill Park
0.1 miGarendon Street ParkSmallWalking directions to Garendon Street Park
0.1 miNature GardenSmallWalking directions to Nature Garden

Area Profile

Population
564
Population density
24,736.8 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
10.45(-70%)
Anti-social behaviour
6.05(-64%)
Other crime
3.85(+63%)
Vehicle crime
3.3(-20%)
Public order
2.75(-60%)
East Midlands average

Demographics

Ethnic groups

Indian
483
85.64%
Bangladeshi
31
5.5%
Pakistani
23
4.08%
African
7
1.24%
Other Asian
6
1.06%
Total population: 564

Economics

Education (age 16+)

No qualifications
171
37.34%
Level 4+ (Degree)
98
21.4%
Level 2 (GCSEs 9-4)
62
13.54%
Level 1 (GCSEs 3-1)
57
12.45%
Level 3 (A level)
42
9.17%
Total 16+ residents: 458

Housing

Housing tenure

Owns outright
70
47.95%
Other social rented
25
17.12%
Private landlord or letting agency
25
17.12%
Owns with a mortgage
20
13.7%
Other forms of private rent
4
2.74%
Total households: 146

Schools

In the LE2 0AS postcode area, located within St Matthews & Highfields North, there are 13 primary and 1 secondary schools in close proximity.

Nearby primary and secondary schools for LE2 0AS
DistancePhaseNameTypeRating
0.1 miPrimaryCharnwood Primary SchoolAcademy converter

N/A

0.2 miPrimaryHighfields Primary SchoolAcademy converter

N/A

0.3 miPrimaryShenton Primary SchoolAcademy converter

N/A

Local amenities

11 nearby supermarkets & convenience stores within 0.5 mi of LE2 0AS

Nearby supermarkets & convenience stores for LE2 0AS
DistanceNameAddressDirections
0.2 miThe Food WarehouseQueen Street, Leicester, LE1 1SGWalking directions to The Food Warehouse
0.2 miAldiQueen Street, Leicester, LE1 1SGWalking directions to Aldi
0.3 miCash and CarryMelbourne Road, Leicester, LE2 0DSWalking directions to Cash and Carry
0.3 miBargain Booze Select ConvenienceLeicester, LE5 0AUWalking directions to Bargain Booze Select Convenience
0.3 miUmrah SupermarketSt Georges Way, Leicester, LE1 1SGWalking directions to Umrah Supermarket