According to the public record, 12, Forge Corner, Leicester is a mid-century leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Forge Corner, Blaby, Leicester, LE8 is located in the borough of Blaby within the LE8 postal district.
12, Forge Corner, Leicester has 2 entries in the Land Registry database, most recently in March 2019 and a single entry in the EPC database dated October 2014.
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 12 Forge Corner Leicester as £125,774 and the rental value as £686 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 12 Forge Corner Leicester has increased by £1,401 (1.1%) and its rental value has increased by £27 per month (4.0%).
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 12, Forge Corner, Leicester is in very good condition we estimate a sale value of £132,063 and rental value of £720 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £116,970 and a rental value of £638 per month.
If you were able to purchase this property for the estimated value of £125,774, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £618 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, 12, Forge Corner, Leicester was last sold on 29 Mar 2019 for £115,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2019, the market for similar properties has risen 14.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Forge Corner, Leicester within a radius of 770 metres over the last 2 years.
The most recent example is 15, Forge Corner, Leicester, LE8 4FZ, a Leasehold flat which sold for £140,000 in Oct 2023.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forge Corner, Blaby, Leicester, LE8 has a total of 17 addresses. According to our analysis of all the public data, 12, Forge Corner, Leicester is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in LE8.
12, Forge Corner, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Oct 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using electric storage heaters.
The closest station to 12, Forge Corner, Leicester is South Wigston station which is 2.1 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 12, Forge Corner, Leicester, 38.7% of property is privately rented and 32.6% 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 12, Forge Corner, Leicester, 13.6% of residents are recorded as possessing school level qualifications and 32.2% 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 12, Forge Corner, Leicester, the average age was 43.4 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 12, Forge Corner, Leicester, 1.3% 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 12, Forge Corner, 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.