According to the public record, 2, Raine Way, Leicester is a modern freehold house with 1,991 ft2 of internal area and sits on a 449 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Raine Way, Oadby, Leicester, LE2 is located in the borough of Oadby and Wigston within the LE2 postal district.
2, Raine Way, Leicester has 31 entries in the Land Registry database, most recently in August 2017 and a single entry in the EPC database dated May 2017.
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 2 Raine Way Leicester as £576,384 and the rental value as £1,483 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 2 Raine Way Leicester has increased by £3,098 (0.5%) and its rental value has increased by £36 per month (2.5%).
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, Raine Way, Leicester is in very good condition we estimate a sale value of £605,203 and rental value of £1,557 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £536,037 and a rental value of £1,379 per month.
If you were able to purchase this property for the estimated value of £576,384, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,833 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, Raine Way, Leicester sits on a plot of 449m2.
We have plot size data on 18 out of 30 other houses in the postcode and 2, Raine Way, Leicester sits on the 3rd largest plot.
According to HM Land Registry, 2, Raine Way, Leicester was last sold on 24 Aug 2017 for £470,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2017, the market for similar properties has risen 30.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Raine Way, Leicester within a radius of 770 metres over the last 2 years.
The most recent example is 31, Mount Pleasant, Leicester, LE2 4UA, a Freehold house which sold for £597,500 in Feb 2024.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Raine Way, Oadby, Leicester, LE2 has a total of 30 addresses. According to our analysis of all the public data, 2, Raine Way, Leicester is the largest and the most expensive property on the street.
When compared to the postcode district it is £299k more expensive than the average property in LE2.
2, Raine Way, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 May 2017.
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 2, Raine Way, Leicester is South Wigston station which is 5.2 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, Raine Way, Leicester, 44.0% of property is privately owned outright and 42.4% 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, Raine Way, Leicester, 22.9% of residents are recorded as possessing school level qualifications and 47.5% 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 2, Raine 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, Raine Way, 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, Raine Way, Leicester, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.