How much is Watermead View, 512, Apartment 2, Melton Road, Leicester, LE4 7SP worth?
Estimated value — November 2026
£260,000
Likely range £220,000 – £328,000Four in five similar homes sold within their range when we tested it.
Latest recorded sale May 2023
65%
confidence
High
Typically within 9% of the sale price
Property details
Flat / Maisonette
Melton Road · Leicester · LE4 7SP
Address
- District
- Leicester
- County
- Leicester
Value over time
- Modelled value
- Recorded sale
- Projected
- Likely range (80%)
- Today's estimate
Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.
View as a table
| Year | Modelled value | Likely range | Recorded sale |
|---|---|---|---|
| 2023 | £272,054 | £233,935 – £344,071 | £270,000 |
| 2024 | £273,809 | £235,509 – £333,272 | — |
| 2025 | £267,940 | £227,964 – £332,090 | — |
| 2026 | £260,000 | £220,000 – £328,000 | — |
Sale history
Mortgage calculator
£1,395
Estimated monthly repayment
£234,000
Loan amount
£268,357
Total interest
£502,357
Total repayable
A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.
Related properties
- Watermead View, 512, Apartment 20, Melton Road, Leicester, LE4 7SP£265,000 · 2024£243,000
- Watermead View, 512, Apartment 3, Melton Road, Leicester, LE4 7SP£270,000 · 2023£243,000
- Watermead View, 512, Apartment 33, Melton Road, Leicester, LE4 7SP£265,000 · 2023£252,000
- Watermead View, 512, Apartment 27, Melton Road, Leicester, LE4 7SP£280,000 · 2023£250,000
- Watermead View, 512, Apartment 7, Melton Road, Leicester, LE4 7SP£270,000 · 2023£260,000
- Watermead View, 512, Apartment 32, Melton Road, Leicester, LE4 7SP£240,000 · 2024£217,000
- 474 Melton Road, Leicester, LE4 7SP£140,000 · 2008£315,000
- 480 Melton Road, Leicester, LE4 7SP£76,000 · 2001£315,000
- 496 Melton Road, Leicester, LE4 7SP£59,950 · 1998£323,000
- 484 Melton Road, Leicester, LE4 7SP£186,500 · 2014£349,000
About this property
Watermead View, 512, Apartment 2, Melton Road, Leicester, LE4 7SP is a flat on Melton Road in Leicester. Stede's estimated value for November 2026 is £260,000. Four in five similar homes sold within their likely range when tested; for this property that range is £220,000 to £328,000. It is based on its own last sale brought up to date with the House Price Index. The confidence score is 65 out of 100 (high): estimates like this one are typically within 9% of the eventual sale price.
It last sold in May 2023 for £270,000. The current estimate is 4% lower than that price. The current owner has held it for about 3 years.
The modelled value is down 4% over the past year.
Among 10 nearby properties Stede tracks in the LE4 area, estimated values run from £217,000 to £349,000. This flat's £260,000 sits around the middle of that range.
Common questions
How much is Watermead View, 512, Apartment 2, Melton Road, Leicester, LE4 7SP worth?
Stede estimates Watermead View, 512, Apartment 2, Melton Road, Leicester, LE4 7SP is worth £260,000 as of November 2026, within a likely range of £220,000 to £328,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.
When did Watermead View, 512, Apartment 2, Melton Road, Leicester, LE4 7SP last sell?
It last sold in May 2023 for £270,000.
What type of property is Watermead View, 512, Apartment 2, Melton Road, Leicester, LE4 7SP?
It is recorded as a Flat / Maisonette on Melton Road in the LE4 postcode area.
How reliable is this estimate?
The confidence score is 65 out of 100 (high). Tested against real sales of similar homes, estimates like this one are typically within 9% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.
How does Stede calculate this estimate?
It is based on its own last sale brought up to date with the House Price Index. Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.
How we got this figure
This is the evidence the estimate is based on. The likely range and confidence come from testing the same method against 1,593 real sales of similar homes.
- Its sale in May 2023, brought up to today with the House Price Index£260,277100%
Estimate £260,000, likely £220,000 – £328,000
Read the full methodology and data sources →