According to the public record, 17, Ratcliffe Road, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,975 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Ratcliffe Road, Leicester, LE2 is located within the LE2 postal district.
17, Ratcliffe Road, Leicester has 21 entries in the Land Registry database, most recently in February 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 17 Ratcliffe Road Leicester as £765,076 and the rental value as £1,938 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 17 Ratcliffe Road Leicester has increased by £3,346 (0.4%) and its rental value has increased by £50 per month (2.6%).
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 17, Ratcliffe Road, Leicester is in very good condition we estimate a sale value of £803,330 and rental value of £2,035 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £711,521 and a rental value of £1,803 per month.
If you were able to purchase this property for the estimated value of £765,076, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,760 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 HM Land Registry, 17, Ratcliffe Road, Leicester was last sold on 29 Feb 2008 for £355,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2008, the market for similar properties has risen 72.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Ratcliffe Road, Leicester within a radius of 570 metres over the last 2 years.
The most recent example is 26, Ratcliffe Road, Leicester, LE2 3TB, a Freehold house which sold for £460,000 in Jan 2019.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ratcliffe Road, Leicester, LE2 has a total of 125 addresses. According to our analysis of all the public data, 17, Ratcliffe Road, Leicester is the 23rd largest and the 16th most expensive property on the street.
When compared to the postcode district it is £488k more expensive than the average property in LE2.
The closest station to 17, Ratcliffe Road, Leicester is Leicester station which is 2.5 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, Ratcliffe Road, Leicester, 38.7% of property is privately rented and 26.8% is privately owned outright.
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, Ratcliffe Road, Leicester, 16.5% of residents are recorded as possessing school level qualifications and 51.8% 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, Ratcliffe Road, 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 17, Ratcliffe 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 17, Ratcliffe Road, Leicester, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.