According to the public record, 118, Stanfell Road, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,084 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Stanfell Road, Leicester, LE2 is located within the LE2 postal district.
118, Stanfell Road, Leicester has 51 entries in the Land Registry database, most recently in December 2016 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 118 Stanfell Road Leicester as £336,100 and the rental value as £1,104 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 118 Stanfell Road Leicester has increased by £4,449 (1.3%) and its rental value has increased by £38 per month (3.4%).
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 118, Stanfell Road, Leicester is in very good condition we estimate a sale value of £352,905 and rental value of £1,159 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,573 and a rental value of £1,027 per month.
If you were able to purchase this property for the estimated value of £336,100, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,652 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, 118, Stanfell Road, Leicester was last sold on 09 Dec 2016 for £232,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Dec 2016, the market for similar properties has risen 40.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 118, Stanfell Road, Leicester within a radius of 470 metres over the last 2 years.
The most recent example is 55, Greenhill Road, Leicester, LE2 3DN, a Freehold house which sold for £325,000 in Oct 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stanfell Road, Leicester, LE2 has a total of 115 addresses. According to our analysis of all the public data, 118, Stanfell Road, Leicester is the 9th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £59k more expensive than the average property in LE2.
The closest station to 118, Stanfell Road, Leicester is Leicester station which is 2.2 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 118, Stanfell Road, Leicester, 47.0% of property is privately owned outright and 33.9% 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 118, Stanfell Road, Leicester, 27.7% of residents are recorded as possessing school level qualifications and 44.7% 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 118, Stanfell Road, Leicester, the average age was 37 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 118, Stanfell Road, Leicester, 0.9% 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 118, Stanfell Road, Leicester, 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.