According to the public record, 2, Oaks Way, Leicester is a mid-century house with 4,004 ft2 of internal area and sits on a 1,516 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Oaks Way, Leicester, LE2 is located in the borough of Oadby and Wigston within the LE2 postal district.
2, Oaks Way, Leicester has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2016.
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 2 Oaks Way Leicester as £1,276,106 and the rental value as £3,233 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 2 Oaks Way Leicester has increased by £4,819 (0.4%) and its rental value has increased by £90 per month (2.8%).
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 2, Oaks Way, Leicester is in very good condition we estimate a sale value of £1,339,911 and rental value of £3,395 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,186,779 and a rental value of £3,007 per month.
If you were able to purchase this property for the estimated value of £1,276,106, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,272 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, 2, Oaks Way, Leicester sits on a plot of 1516m2.
We have plot size data on 5 out of 9 other houses in the postcode and 2, Oaks Way, Leicester sits on the 3rd largest plot.
According to HM Land Registry, 2, Oaks Way, Leicester was last sold on 03 Jul 1997 for £235,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Oaks Way, Leicester within a radius of 970 metres over the last 2 years.
The most recent example is 1, The Fairway, Leicester, LE2 2HH, a Freehold house which sold for £1,330,000 in Apr 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oaks Way, Leicester, LE2 has a total of 9 addresses. According to our analysis of all the public data, 2, Oaks Way, Leicester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £999k more expensive than the average property in LE2.
2, Oaks Way, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 May 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 2, Oaks Way, Leicester is Leicester station which is 3.3 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 2, Oaks Way, 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 2, Oaks Way, 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 2, Oaks Way, 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 2, Oaks Way, 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 2, Oaks Way, 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.