According to the public record, 12, Garratt Square, Leicester is a modern leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Garratt Square, Whetstone, Leicester, LE8 is located in the borough of Blaby within the LE8 postal district.
12, Garratt Square, Leicester has 31 entries in the Land Registry database, most recently in November 2019 and a single entry in the EPC database dated August 2012.
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 Garratt Square Leicester as £79,329 and the rental value as £453 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 12 Garratt Square Leicester has increased by £506 (0.6%) and its rental value has increased by £17 per month (3.8%).
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 12, Garratt Square, Leicester is in very good condition we estimate a sale value of £83,296 and rental value of £476 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £73,776 and a rental value of £422 per month.
If you were able to purchase this property for the estimated value of £79,329, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £390 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, Garratt Square, Leicester was last sold on 29 Nov 2019 for £64,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2019, the market for similar properties has risen 12.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 12, Garratt Square, Leicester within a radius of 840 metres over the last 2 years.
The most recent example is 19, Garratt Square, Leicester, LE8 6JZ, a Leasehold flat which sold for £55,000 in Aug 2013.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Garratt Square, Whetstone, Leicester, LE8 has a total of 23 addresses. According to our analysis of all the public data, 12, Garratt Square, Leicester is the 6th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £243k less expensive than the average property in LE8.
12, Garratt Square, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Aug 2012.
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 12, Garratt Square, Leicester is Narborough station which is 1.5 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, Garratt Square, Leicester, 32.7% of property is privately owned outright and 32.7% 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 12, Garratt Square, Leicester, 17.0% of residents are recorded as possessing school level qualifications and 27.4% 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, Garratt Square, Leicester, the average age was 39.9 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, Garratt Square, 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 12, Garratt Square, Leicester, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.