According to the public record, 16, Merton Way, Leicester is a mid-century freehold house with 1,076 ft2 of internal area and sits on a 551 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Merton Way, Kibworth Harcourt, Leicester, LE8 is located in the borough of Harborough within the LE8 postal district.
16, Merton Way, Leicester has 31 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated January 2023.
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 Merton Way Leicester as £435,634 and the rental value as £1,352 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 16 Merton Way Leicester has increased by £4,486 (1.0%) and its rental value has increased by £48 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, Merton Way, Leicester is in very good condition we estimate a sale value of £457,415 and rental value of £1,419 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,139 and a rental value of £1,257 per month.
If you were able to purchase this property for the estimated value of £435,634, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,141 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, Merton Way, Leicester sits on a plot of 551m2.
We have plot size data on 8 out of 20 other houses in the postcode and 16, Merton Way, Leicester sits on the 7th largest plot.
According to HM Land Registry, 16, Merton Way, Leicester was last sold on 01 Aug 2023 for £435,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2023, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Merton Way, Leicester within a radius of 680 metres over the last 2 years.
The most recent example is 30, St. Wilfrids Close, Leicester, LE8 0PY, a Freehold house which sold for £342,500 in Dec 2023.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merton Way, Kibworth Harcourt, Leicester, LE8 has a total of 20 addresses. According to our analysis of all the public data, 16, Merton Way, Leicester is the 17th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in LE8.
16, Merton Way, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Jan 2023.
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, Merton Way, Leicester is Market Harborough station which is 9.2 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, Merton Way, Leicester, 30.8% of property is privately owned with a mortgage and 24.6% is privately rented.
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, Merton Way, Leicester, 26.1% of residents are recorded as possessing school level qualifications and 37.6% 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, Merton Way, 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, Merton 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 16, Merton Way, Leicester, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.