According to the public record, 22, Gimson Avenue, Leicester is a mid-century leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Gimson Avenue, Cosby, Leicester, LE9 is located in the borough of Blaby within the LE9 postal district.
22, Gimson Avenue, Leicester has 21 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated December 2019.
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 22 Gimson Avenue Leicester as £103,670 and the rental value as £609 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 22 Gimson Avenue Leicester has increased by £20 (0.0%) and its rental value has increased by £21 per month (3.5%).
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 22, Gimson Avenue, Leicester is in very good condition we estimate a sale value of £108,854 and rental value of £639 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,413 and a rental value of £566 per month.
If you were able to purchase this property for the estimated value of £103,670, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £510 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, 22, Gimson Avenue, Leicester was last sold on 29 Jul 2020 for £95,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2020, the market for similar properties has risen 9.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Gimson Avenue, Leicester within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 9, Gimson Avenue, Leicester, LE9 1SS, a Leasehold flat which sold for £78,003 in Jul 2015.
Read more about house prices in LE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gimson Avenue, Cosby, Leicester, LE9 has a total of 24 addresses. According to our analysis of all the public data, 22, Gimson Avenue, Leicester is the 15th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in LE9.
22, Gimson Avenue, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Dec 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 22, Gimson Avenue, Leicester is Narborough station which is 2.1 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 22, Gimson Avenue, Leicester, 43.8% of property is privately owned outright and 43.8% 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 22, Gimson Avenue, Leicester, 19.9% of residents are recorded as possessing school level qualifications and 32.6% 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 22, Gimson Avenue, Leicester, the average age was 43.1 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 22, Gimson Avenue, Leicester, 1.2% 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 22, Gimson Avenue, Leicester, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.