According to the public record, 131, Ratcliffe Road, Leicester is a mid-century freehold house with 1,829 ft2 of internal area and sits on a 595 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Ratcliffe Road, Leicester, LE2 is located within the LE2 postal district.
131, Ratcliffe Road, Leicester has 31 entries in the Land Registry database, most recently in January 2018 and a single entry in the EPC database dated October 2017.
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 131 Ratcliffe Road Leicester as £733,080 and the rental value as £1,857 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 131 Ratcliffe Road Leicester has increased by £3,206 (0.4%) and its rental value has increased by £48 per month (2.6%).
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 131, Ratcliffe Road, Leicester is in very good condition we estimate a sale value of £769,734 and rental value of £1,950 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £681,764 and a rental value of £1,727 per month.
If you were able to purchase this property for the estimated value of £733,080, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,603 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 data from HM Land Registry, 131, Ratcliffe Road, Leicester sits on a plot of 595m2.
We have plot size data on 12 out of 24 other houses in the postcode and 131, Ratcliffe Road, Leicester sits on the 8th largest plot.
According to HM Land Registry, 131, Ratcliffe Road, Leicester was last sold on 23 Jan 2018 for £565,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2018, the market for similar properties has risen 28.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 131, Ratcliffe Road, Leicester within a radius of 600 metres over the last 2 years.
The most recent example is 13, Sackville Gardens, Leicester, LE2 3TH, a Freehold house which sold for £670,000 in Jun 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ratcliffe Road, Leicester, LE2 has a total of 125 addresses. According to our analysis of all the public data, 131, Ratcliffe Road, Leicester is the 38th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £456k more expensive than the average property in LE2.
131, Ratcliffe Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Oct 2017.
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 131, Ratcliffe Road, Leicester is Leicester station which is 2.5 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 131, Ratcliffe Road, Leicester, 38.7% of property is privately rented and 26.8% 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 131, Ratcliffe Road, Leicester, 16.5% of residents are recorded as possessing school level qualifications and 51.8% 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 131, Ratcliffe Road, Leicester, the average age was 43 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 131, Ratcliffe Road, 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 131, Ratcliffe Road, Leicester, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.