According to the public record, 16, Cherry Grove, Leicester is a modern freehold house with 688 ft2 of internal area and sits on a 150 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cherry Grove, Great Glen, Leicester, LE8 is located in the borough of Harborough within the LE8 postal district.
16, Cherry Grove, Leicester has 31 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated July 2022.
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 16 Cherry Grove Leicester as £247,838 and the rental value as £1,165 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 16 Cherry Grove Leicester has increased by £3,220 (1.3%) and its rental value has increased by £41 per month (3.6%).
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 16, Cherry Grove, Leicester is in very good condition we estimate a sale value of £260,230 and rental value of £1,224 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,489 and a rental value of £1,084 per month.
If you were able to purchase this property for the estimated value of £247,838, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,218 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, 16, Cherry Grove, Leicester sits on a plot of 150m2.
We have plot size data on 15 out of 18 other houses in the postcode and 16, Cherry Grove, Leicester sits on the 13th largest plot.
According to HM Land Registry, 16, Cherry Grove, Leicester was last sold on 14 Oct 2022 for £248,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Cherry Grove, Leicester within a radius of 1.7 kilometres over the last 2 years.
The most recent example is 15, Cherry Grove, Leicester, LE8 9ES, a Freehold house which sold for £242,000 in Jun 2023.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Grove, Great Glen, Leicester, LE8 has a total of 18 addresses. According to our analysis of all the public data, 16, Cherry Grove, Leicester is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £74k less expensive than the average property in LE8.
16, Cherry Grove, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jul 2022.
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 16, Cherry Grove, Leicester is South Wigston station which is 7.4 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 16, Cherry Grove, Leicester, 46.8% of property is privately owned outright and 32.5% 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 16, Cherry Grove, Leicester, 14.1% of residents are recorded as possessing school level qualifications and 39.6% 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 16, Cherry Grove, Leicester, the average age was 42.4 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 16, Cherry Grove, Leicester, 1.1% 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 16, Cherry Grove, Leicester, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.