According to the public record, 16, Morland Avenue, Leicester is a modern freehold house and with 3,046 ft2 of internal area and sits on a 1,294 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Morland Avenue, Leicester, LE2 is located within the LE2 postal district.
16, Morland Avenue, Leicester has 2 entries in the Land Registry database, most recently in September 2019 and no records in the EPC database.
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 Morland Avenue Leicester as £929,429 and the rental value as £2,355 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 16 Morland Avenue Leicester has increased by £4,392 (0.5%) and its rental value has increased by £58 per month (2.5%).
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, Morland Avenue, Leicester is in very good condition we estimate a sale value of £975,900 and rental value of £2,473 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £864,369 and a rental value of £2,190 per month.
If you were able to purchase this property for the estimated value of £929,429, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,568 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, Morland Avenue, Leicester sits on a plot of 1294m2.
We have plot size data on 9 out of 19 other houses in the postcode and 16, Morland Avenue, Leicester sits on the largest plot.
According to HM Land Registry, 16, Morland Avenue, Leicester was last sold on 10 Sep 2019 for £875,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2019, the market for similar properties has risen 20.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Morland Avenue, Leicester within a radius of 422m over the last 2 years.
The most recent example is 4, Morland Avenue, Leicester, LE2 2PE, a Freehold house which sold for £888,500 in Oct 2022.
Read more about house prices in LE2.
Morland Avenue, Leicester, LE2 has a total of 53 addresses. According to our analysis of all the public data, 16, Morland Avenue, Leicester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £653k more expensive than the average property in LE2.
16, Morland Avenue, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Feb 2014.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 16, Morland Avenue, Leicester is Leicester station which is 3.0 km 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, Morland Avenue, Leicester, 46.2% of property is privately owned outright and 30.8% 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, Morland Avenue, Leicester, 20.4% of residents are recorded as possessing school level qualifications and 58.3% 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, Morland Avenue, 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 16, Morland Avenue, Leicester, 3.9% 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, Morland Avenue, Leicester, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.