According to the public record, 24, New Way Road, Leicester is a early-century house with 1,087 ft2 of internal area and sits on a 240 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
New Way Road, Leicester, LE5 is located within the LE5 postal district.
24, New Way Road, Leicester has no recent1 records in the Land Registry database and a single entry in the EPC database dated January 2017.
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 24 New Way Road Leicester as £404,354 and the rental value as £1,131 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 24 New Way Road Leicester has increased by £473 (0.1%) and its rental value has increased by £31 per month (2.7%).
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 24, New Way Road, Leicester is in very good condition we estimate a sale value of £424,571 and rental value of £1,188 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,049 and a rental value of £1,052 per month.
If you were able to purchase this property for the estimated value of £404,354, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,987 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, 24, New Way Road, Leicester sits on a plot of 240m2.
We have plot size data on 21 out of 39 other houses in the postcode and 24, New Way Road, Leicester sits on the 19th largest plot.
According to HM Land Registry, 24, New Way Road, Leicester was last sold on 23 Oct 2000 for £87,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, New Way Road, Leicester within a radius of 510 metres over the last 2 years.
The most recent example is 20, Broadway Road, Leicester, LE5 5TA, a Freehold house which sold for £410,000 in Nov 2023.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Way Road, Leicester, LE5 has a total of 39 addresses. According to our analysis of all the public data, 24, New Way Road, Leicester is the 17th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £130k more expensive than the average property in LE5.
24, New Way Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Jan 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 24, New Way Road, Leicester is Leicester station which is 2.0 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 24, New Way Road, Leicester, 58.7% of property is privately owned outright and 27.1% 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 24, New Way Road, Leicester, 28.7% of residents are recorded as possessing school level qualifications and 36.4% 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 24, New Way Road, Leicester, the average age was 34.7 and the most common age was 22.
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 24, New Way Road, Leicester, 0.6% 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 24, New Way Road, Leicester, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.