According to the public record, 1, Welford Court, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,269 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Welford Court, Leicester, LE2 is located within the LE2 postal district.
1, Welford Court, Leicester has 41 entries in the Land Registry database, most recently in March 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Welford Court Leicester as £515,744 and the rental value as £1,366 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of 1 Welford Court Leicester has increased by £3,808 (0.7%) and its rental value has increased by £38 per month (2.8%).
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, Welford Court, Leicester is in very good condition we estimate a sale value of £541,531 and rental value of £1,435 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £479,642 and a rental value of £1,271 per month.
If you were able to purchase this property for the estimated value of £515,744, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,535 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 HM Land Registry, 1, Welford Court, Leicester was last sold on 30 Mar 2007 for £334,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Mar 2007, the market for similar properties has risen 65.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Welford Court, Leicester within a radius of 590 metres over the last 2 years.
The most recent example is 10, Welford Court, Leicester, LE2 6ER, a Freehold house which sold for £535,250 in Apr 2022.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welford Court, Leicester, LE2 has a total of 19 addresses. According to our analysis of all the public data, 1, Welford Court, Leicester is the 18th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £239k more expensive than the average property in LE2.
The closest station to 1, Welford Court, Leicester is Leicester station which is 2.7 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, Welford Court, Leicester, 43.4% of property is privately owned outright and 33.8% 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, Welford Court, Leicester, 20.6% of residents are recorded as possessing school level qualifications and 57.3% 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, Welford Court, Leicester, the average age was 35.3 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 1, Welford Court, Leicester, 1.8% 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, Welford Court, Leicester, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.