According to the public record, 18, Southmeads Road, Leicester is a mid-century house with 1,657 ft2 of internal area and sits on a 1,953 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Southmeads Road, Leicester, LE2 is located in the borough of Oadby and Wigston within the LE2 postal district.
18, Southmeads Road, Leicester has no records in the Land Registry database and a single entry in the EPC database dated February 2019.
We combine this information with public data 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 18 Southmeads Road Leicester as £1,030,386 and the rental value as £2,542 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 18 Southmeads Road Leicester has increased by £9,960 (1.0%) and its rental value has increased by £76 per month (3.0%).
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 18, Southmeads Road, Leicester is in very good condition we estimate a sale value of £1,081,905 and rental value of £2,669 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £958,259 and a rental value of £2,364 per month.
If you were able to purchase this property for the estimated value of £1,030,386, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,064 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, 18, Southmeads Road, Leicester sits on a plot of 1953m2.
We have plot size data on 9 out of 16 other houses in the postcode and 18, Southmeads Road, Leicester sits on the 4th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Southmeads Road, Leicester within a radius of 850 metres over the last 2 years.
The most recent example is 13, The Broadway, Leicester, LE2 2HD, a Freehold house which sold for £785,000 in Jun 2021.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southmeads Road, Leicester, LE2 has a total of 23 addresses. According to our analysis of all the public data, 18, Southmeads Road, Leicester is the 23rd largest and the 10th most expensive property on the street.
When compared to the postcode district it is £753k more expensive than the average property in LE2.
18, Southmeads Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Feb 2019.
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 18, Southmeads Road, Leicester is Leicester station which is 3.8 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 18, Southmeads Road, Leicester, 60.5% of property is privately owned outright and 31.6% 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 18, Southmeads Road, Leicester, 74.3% of residents are recorded as possessing school level qualifications and 13.0% 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 18, Southmeads Road, Leicester, the average age was 41 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 18, Southmeads 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 18, Southmeads Road, Leicester, there are an average of 2.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.