According to the public record, 16, Midway Road, Leicester is a early-century freehold house with 927 ft2 of internal area and sits on a 341 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Midway Road, Leicester, LE5 is located within the LE5 postal district.
16, Midway Road, Leicester has a single entry in the Land Registry database from August 2010 and a single entry in the EPC database dated February 2010.
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 Midway Road Leicester as £322,567 and the rental value as £1,033 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 16 Midway Road Leicester has increased by £1,722 (0.5%) and its rental value has increased by £33 per month (3.2%).
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, Midway Road, Leicester is in very good condition we estimate a sale value of £338,696 and rental value of £1,085 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,988 and a rental value of £961 per month.
If you were able to purchase this property for the estimated value of £322,567, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,585 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, Midway Road, Leicester sits on a plot of 341m2.
We have plot size data on 26 out of 41 other houses in the postcode and 16, Midway Road, Leicester sits on the 19th largest plot.
According to HM Land Registry, 16, Midway Road, Leicester was last sold on 12 Aug 2010 for £195,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2010, the market for similar properties has risen 74.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Midway Road, Leicester within a radius of 530 metres over the last 2 years.
The most recent example is 11, New Way Road, Leicester, LE5 5UA, a Freehold house which sold for £375,000 in Jul 2023.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Midway Road, Leicester, LE5 has a total of 41 addresses. According to our analysis of all the public data, 16, Midway Road, Leicester is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in LE5.
16, Midway Road, Leicester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 10 Feb 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 16, Midway Road, Leicester is Leicester station which is 2.1 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, Midway Road, Leicester, 58.7% of property is privately owned outright and 27.1% 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, Midway Road, Leicester, 28.7% of residents are recorded as possessing school level qualifications and 36.4% 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, Midway Road, Leicester, the average age was 34.7 and the most common age was 22.
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, Midway 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 16, Midway Road, Leicester, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.