LE3 3AD is a residential postcode located on Balmoral Drive, Leicester, LE3. It is the 1970th largest postcode in the LE3 area.
It contains 43 residential addresses consisting of 41 houses and 2 flats and the most common type of property is a early-century house built between 1912 and 1935.
The average house value is £264,575. Sales values have increased in the last 12 months by 1.1% and Rental values have increased by 4.6%.
Property sale values range from £156,007 for a leasehold flat, with 3 bedrooms split across 969 square feet of gross internal area and has no outside space to £426,924 for a freehold house, with 5 bedrooms split across 2,325 square feet of gross internal area and has a garden.
Average £/ft2 for properties in LE3 3AD is £273/ft2.
Properties achieve a rental yield of between 4.4% and 6.4%, and rental values range from £836 to £1,587 per month.
The last sale was 20 Dec 2023 for £285,000 and since then the market in the area as increased by 1.1%. The postcode has had a total of 4 sales since 1995.
LE3 3AD has seen 4 sales in the last three years and 1 sale in the last twelve months.
LE3 3AD is the 1970th largest and the 1837th most expensive postcode out of the 2,361 postcodes in the LE3 area.
LE3 3AD is a residential postcode located on Balmoral Drive, Leicester, LE3 with 41 houses and 2 flats within its bounds.
The most common property type in LE3 3AD is a early-century house built between 1912 and 1935.
The homes are generally early-century in style with the most common Energy Performance Certificate (EPC) rating being E.
The closest station to LE3 3AD is Leicester station which is 4.1 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 LE3 3AD, 39.9% of property is privately owned outright and 37.1% is privately owned with a mortgage.
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 LE3 3AD, 16.6% of residents are recorded as possessing school level qualifications and 21.8% 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 LE3 3AD, the average age was 37.4 and the most common age was 37.
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 LE3 3AD, 1.1% 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 LE3 3AD, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.