According to the public record, 178, Cavendish Road, Leicester is a period leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 178, Cavendish Road, Leicester, LE2.
Cavendish Road, Leicester, LE2 is located within the LE2 postal district.
178, Cavendish Road, Leicester has 31 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated October 2020.
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 178 Cavendish Road Leicester as £176,229 and the rental value as £748 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 178 Cavendish Road Leicester has decreased by £64 (0.0%) and its rental value has increased by £17 per month (2.2%).
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 178, Cavendish Road, Leicester is in very good condition we estimate a sale value of £185,040 and rental value of £785 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,893 and a rental value of £696 per month.
If you were able to purchase this property for the estimated value of £176,229, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £866 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, 178, Cavendish Road, Leicester was last sold on 20 May 2022 for £205,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2022, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 410 metres radius of 178, Cavendish Road, Leicester over the last 2 years.
The most recent example is 176, Cavendish Road, Leicester, LE2 7PJ, a Freehold house which sold for £150,000 in Mar 2021.
Read more about house prices in LE2.
Cavendish Road, Leicester, LE2 has a total of 227 addresses. According to our analysis of all the public data, 178, Cavendish Road, Leicester is the 186th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in LE2.
178, Cavendish Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 178, Cavendish Road, Leicester is Leicester station which is 2.3 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 178, Cavendish Road, Leicester, 49.0% of property is privately rented and 21.3% is socially 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 178, Cavendish Road, Leicester, 19.7% of residents are recorded as possessing school level qualifications and 17.5% 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 178, Cavendish Road, 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 178, Cavendish Road, 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 178, Cavendish Road, Leicester, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.