According to the public record, 13, Richmond Way, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 908 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Richmond Way, Oadby, Leicester, LE2 is located in the borough of Oadby and Wigston within the LE2 postal district.
13, Richmond Way, Leicester has a single entry in the Land Registry database from October 2006 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 13 Richmond Way Leicester as £329,306 and the rental value as £1,078 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 13 Richmond Way Leicester has increased by £4,129 (1.3%) and its rental value has increased by £33 per month (3.0%).
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 13, Richmond Way, Leicester is in very good condition we estimate a sale value of £345,772 and rental value of £1,132 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £306,255 and a rental value of £1,003 per month.
If you were able to purchase this property for the estimated value of £329,306, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,618 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, 13, Richmond Way, Leicester was last sold on 31 Oct 2006 for £155,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Richmond Way, Leicester within a radius of 700 metres over the last 2 years.
The most recent example is 138, Coombe Rise, Leicester, LE2 5TX, a Freehold house which sold for £293,000 in Aug 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Way, Oadby, Leicester, LE2 has a total of 27 addresses. According to our analysis of all the public data, 13, Richmond Way, Leicester is the 11th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in LE2.
The closest station to 13, Richmond Way, Leicester is South Wigston station which is 4.4 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 13, Richmond Way, Leicester, 58.5% of property is privately owned outright and 26.9% 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 13, Richmond Way, Leicester, 18.7% of residents are recorded as possessing school level qualifications and 37.1% 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 13, Richmond Way, Leicester, the average age was 43.4 and the most common age was 12.
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 13, Richmond Way, Leicester, 0.0% 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 13, Richmond Way, Leicester, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.