1, Old Mill Close, Leicester has a single entry in the Land Registry database from February 2021 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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, Old Mill Close, Leicester is in very good condition we estimate a sale value of £1,120,207 and rental value of £3,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £992,184 and a rental value of £2,924 per month.
If you were able to purchase this property for the estimated value of £1,066,864, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,243 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, Old Mill Close, Leicester sits on a plot of 1673m2.
We have plot size data on 5 out of 6 other houses in the postcode and 1, Old Mill Close, Leicester sits on the largest plot.
According to HM Land Registry, 1, Old Mill Close, Leicester was last sold on 05 Feb 2021 for £925,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2021, the market for similar properties has risen 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Old Mill Close, Leicester within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 9, Higher Green, Leicester, LE8 9GE, a Freehold house which sold for £900,000 in Dec 2022.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Old Mill Close, Great Glen, Leicester, LE8 has a total of 6 addresses. According to our analysis of all the public data, 1, Old Mill Close, Leicester is the largest and the most expensive property on the street.
When compared to the postcode district it is £745k more expensive than the average property in LE8.
1, Old Mill Close, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
According to the public record, 1, Old Mill Close, Leicester is a modern freehold house with 3,778 ft2 of internal area and sits on a 1,673 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Old Mill Close, Great Glen, Leicester, LE8 is located in the borough of Harborough within the LE8 postal district.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 1 Old Mill Close Leicester as £1,066,864 and the rental value as £3,144 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 1 Old Mill Close Leicester has increased by £2,260 (0.2%) and its rental value has increased by £88 per month (2.8%).
The closest station to 1, Old Mill Close, Leicester is South Wigston station which is 7.3 kilometres 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, Old Mill Close, Leicester, 58.1% of property is privately owned outright and 30.4% 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 1, Old Mill Close, Leicester, 18.8% of residents are recorded as possessing school level qualifications and 48.0% 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, Old Mill Close, Leicester, the average age was 42.4 and the most common age was 57.
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, Old Mill Close, Leicester, 0.3% 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, Old Mill Close, Leicester, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.