According to the public record, 16, Richmond Close, Leicester is a early-century freehold house with 914 ft2 of internal area and sits on a 135 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Richmond Close, Leicester, LE2 is located within the LE2 postal district.
16, Richmond Close, Leicester has 51 entries in the Land Registry database, most recently in May 2019 and a single entry in the EPC database dated August 2012.
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 Richmond Close Leicester as £233,607 and the rental value as £986 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 16 Richmond Close Leicester has increased by £5,399 (2.3%) and its rental value has increased by £47 per month (4.7%).
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, Richmond Close, Leicester is in very good condition we estimate a sale value of £245,287 and rental value of £1,035 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,254 and a rental value of £917 per month.
If you were able to purchase this property for the estimated value of £233,607, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,148 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, Richmond Close, Leicester sits on a plot of 135m2.
We have plot size data on 15 out of 24 other houses in the postcode and 16, Richmond Close, Leicester sits on the 9th largest plot.
According to HM Land Registry, 16, Richmond Close, Leicester was last sold on 23 May 2019 for £177,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since May 2019, the market for similar properties has risen 30.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Richmond Close, Leicester within a radius of 410 metres over the last 2 years.
The most recent example is 20, Richmond Close, Leicester, LE2 8AY, a Freehold house which sold for £238,000 in Dec 2022.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Close, Leicester, LE2 has a total of 24 addresses. According to our analysis of all the public data, 16, Richmond Close, Leicester is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in LE2.
16, Richmond Close, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Aug 2012.
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, Richmond Close, Leicester is Leicester station which is 2.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Richmond Close, Leicester, 39.2% of property is privately owned with a mortgage and 34.5% 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, Richmond Close, Leicester, 19.7% of residents are recorded as possessing school level qualifications and 38.9% 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, Richmond Close, Leicester, the average age was 34.5 and the most common age was 32.
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, Richmond Close, 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, Richmond Close, Leicester, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.