According to the public record, 17, Paddock Way, Leicester is a modern freehold house with 1,550 ft2 of internal area and sits on a 795 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Paddock Way, Great Glen, Leicester, LE8 is located in the borough of Harborough within the LE8 postal district.
17, Paddock Way, Leicester has a single entry in the Land Registry database from June 2019 and a single entry in the EPC database dated March 2019.
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 good condition, we estimate the current sale value for 17 Paddock Way Leicester as £587,670 and the rental value as £1,686 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 17 Paddock Way Leicester has increased by £2,769 (0.5%) and its rental value has increased by £45 per month (2.7%).
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 17, Paddock Way, Leicester is in very good condition we estimate a sale value of £617,054 and rental value of £1,770 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £546,533 and a rental value of £1,568 per month.
If you were able to purchase this property for the estimated value of £587,670, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,888 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, 17, Paddock Way, Leicester sits on a plot of 795m2.
We have plot size data on 26 out of 28 other houses in the postcode and 17, Paddock Way, Leicester sits on the 4th largest plot.
According to HM Land Registry, 17, Paddock Way, Leicester was last sold on 26 Jun 2019 for £451,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2019, the market for similar properties has risen 21.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Paddock Way, Leicester within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 11, Paddock Way, Leicester, LE8 9HL, a Freehold house which sold for £487,500 in Oct 2019.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Paddock Way, Great Glen, Leicester, LE8 has a total of 28 addresses. According to our analysis of all the public data, 17, Paddock Way, Leicester is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £266k more expensive than the average property in LE8.
17, Paddock Way, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Mar 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Systems with radiators, electric.
The closest station to 17, Paddock Way, Leicester is South Wigston station which is 6.2 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 17, Paddock Way, Leicester, 42.3% of property is privately owned outright and 40.7% 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 17, Paddock Way, Leicester, 19.6% of residents are recorded as possessing school level qualifications and 54.3% 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 17, Paddock 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 17, Paddock Way, Leicester, 1.3% 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 17, Paddock Way, 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.