According to the public record, 1, Elms Road, Leicester is a mid-century freehold house and with 9,526 ft2 of internal area and sits on a 598 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Elms Road, Leicester, LE2 is located within the LE2 postal district.
1, Elms Road, Leicester has a single entry in the Land Registry database from July 2022 and no records in the EPC database.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Elms Road Leicester as £1,000,248 and the rental value as £3,305 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 1 Elms Road Leicester has increased by £4,375 (0.4%) and its rental value has increased by £85 per month (2.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Elms Road, Leicester is in very good condition we estimate a sale value of £1,050,261 and rental value of £3,470 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £930,231 and a rental value of £3,073 per month.
If you were able to purchase this property for the estimated value of £1,000,248, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,916 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Elms Road, Leicester sits on a plot of 598m2.
We have plot size data on 3 out of 3 other houses in the postcode and 1, Elms Road, Leicester sits on the largest plot.
According to HM Land Registry, 1, Elms Road, Leicester was last sold on 15 Jul 2022 for £865,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 48m radius of 1, Elms Road, Leicester over the last 2 years.
The most recent example is 67, Knighton Drive, Leicester, LE2 3HD, a Freehold house which sold for £575,000 in Jun 2021.
Read more about house prices in LE2.
Elms Road, Leicester, LE2 has a total of 85 addresses. According to our analysis of all the public data, 1, Elms Road, Leicester is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £723k more expensive than the average property in LE2.
1, Elms Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Elms Road, Leicester is Leicester station which is 2.4 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 1, Elms Road, Leicester, 38.7% of property is privately rented and 26.8% is privately owned outright.
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 1, Elms Road, Leicester, 16.5% of residents are recorded as possessing school level qualifications and 51.8% 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 1, Elms Road, Leicester, the average age was 43 and the most common age was 52.
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 1, Elms Road, Leicester, 0.6% 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 1, Elms Road, Leicester, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.