LE2 1LR is a residential postcode located on Mayfield Road, Leicester, LE2. It is the 466th largest postcode in the LE2 area.
It contains 13 residential addresses consisting of 4 houses and 9 flats and the most common type of property is a period flat built between 1800 and 1911.
The average house value is £97,183. Sales values have decreased in the last 12 months by 0.2% and Rental values have increased by 2.7%.
Property sale values range from £65,288 for a studio leasehold flat of 161 square feet and has a garden to £260,715 for a freehold house, with 4 bedrooms split across 1,281 square feet of gross internal area and has a garden.
Average £/ft2 for properties in LE2 1LR is £303/ft2.
Properties achieve a rental yield of between 4.8% and 7.5%, and rental values range from £404 to £1,052 per month.
The last sale was 04 Nov 2021 for £225,000 and since then the market in the area as increased by 6.5%. The postcode has had a total of 4 sales since 1995.
LE2 1LR has seen 1 sale in the last three years and no sales in the last twelve months.
LE2 1LR is the 466th largest and the 48th most expensive postcode out of the 1,987 postcodes in the LE2 area.
LE2 1LR is a residential postcode located on Mayfield Road, Leicester, LE2 with 4 houses and 9 flats within its bounds.
The most common property type in LE2 1LR is a period flat built between 1800 and 1911.
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to LE2 1LR is Leicester station which is 1.1 km 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 LE2 1LR, 48.5% of property is privately rented and 20.5% 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 LE2 1LR, 34.6% of residents are recorded as possessing school level qualifications and 31.1% 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 LE2 1LR, the average age was 34.7 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 LE2 1LR, 0.7% 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 LE2 1LR, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.