According to the public record, 2, Parkstone Road, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 818 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Parkstone Road, Leicester, LE5 is located within the LE5 postal district.
2, Parkstone Road, Leicester has a single entry in the Land Registry database from April 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 2 Parkstone Road Leicester as £264,500 and the rental value as £1,043 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 2 Parkstone Road Leicester has increased by £2,733 (1.0%) and its rental value has increased by £56 per month (5.4%).
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, Parkstone Road, Leicester is in very good condition we estimate a sale value of £277,725 and rental value of £1,095 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,985 and a rental value of £970 per month.
If you were able to purchase this property for the estimated value of £264,500, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,300 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, 2, Parkstone Road, Leicester was last sold on 02 Apr 2008 for £126,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2008, the market for similar properties has risen 94.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Parkstone Road, Leicester within a radius of 540 metres over the last 2 years.
The most recent example is 64, Parkstone Road, Leicester, LE5 1NN, a Freehold house which sold for £220,000 in Dec 2022.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parkstone Road, Leicester, LE5 has a total of 65 addresses. According to our analysis of all the public data, 2, Parkstone Road, Leicester is the 48th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £10k less expensive than the average property in LE5.
The closest station to 2, Parkstone Road, Leicester is Leicester station which is 4.7 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, Parkstone Road, Leicester, 41.8% of property is privately owned with a mortgage and 37.9% 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 2, Parkstone Road, Leicester, 22.4% of residents are recorded as possessing school level qualifications and 30.0% 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, Parkstone Road, Leicester, the average age was 37.8 and the most common age was 37.
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, Parkstone Road, Leicester, 0.5% 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, Parkstone Road, Leicester, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.