According to the public record, 15, The Bank, Leicester is a modern freehold house with 1,722 ft2 of internal area and sits on a 698 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
The Bank, Arnesby, Leicester, LE8 is located in the borough of Harborough within the LE8 postal district.
15, The Bank, Leicester has 31 entries in the Land Registry database, most recently in August 2018 and a single entry in the EPC database dated April 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 15 The Bank Leicester as £492,974 and the rental value as £1,600 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 15 The Bank Leicester has decreased by £579 (0.1%) and its rental value has increased by £53 per month (3.3%).
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 15, The Bank, Leicester is in very good condition we estimate a sale value of £517,623 and rental value of £1,680 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,466 and a rental value of £1,488 per month.
If you were able to purchase this property for the estimated value of £492,974, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,423 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, 15, The Bank, Leicester sits on a plot of 698m2.
We have plot size data on 5 out of 10 other houses in the postcode and 15, The Bank, Leicester sits on the largest plot.
According to HM Land Registry, 15, The Bank, Leicester was last sold on 28 Aug 2018 for £555,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2018, the market for similar properties has risen 18.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, The Bank, Leicester within a radius of 3.6 kilometres over the last 2 years.
The most recent example is Gable End, Mill Hill Road, Leicester, LE8 5WG, a Freehold house which sold for £430,000 in Dec 2023.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Bank, Arnesby, Leicester, LE8 has a total of 10 addresses. According to our analysis of all the public data, 15, The Bank, Leicester is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £171k more expensive than the average property in LE8.
15, The Bank, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Apr 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 15, The Bank, Leicester is South Wigston station which is 7.0 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 15, The Bank, Leicester, 52.5% of property is privately owned outright and 35.0% 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 15, The Bank, Leicester, 13.0% of residents are recorded as possessing school level qualifications and 39.1% 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 15, The Bank, Leicester, the average age was 45.2 and the most common age was 57.
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 15, The Bank, Leicester, 1.4% 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 15, The Bank, Leicester, there are an average of 2.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.