According to the public record, 26, Pen Close, Leicester is a mid-century freehold house with 699 ft2 of internal area and sits on a 301 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Pen Close, Leicester, LE2 is located within the LE2 postal district.
26, Pen Close, Leicester has 3 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated April 2014.
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 26 Pen Close Leicester as £181,474 and the rental value as £865 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 26 Pen Close Leicester has increased by £3,989 (2.2%) and its rental value has increased by £36 per month (4.1%).
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 26, Pen Close, Leicester is in very good condition we estimate a sale value of £190,548 and rental value of £908 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,771 and a rental value of £805 per month.
If you were able to purchase this property for the estimated value of £181,474, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £892 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, 26, Pen Close, Leicester sits on a plot of 301m2.
We have plot size data on 17 out of 37 other houses in the postcode and 26, Pen Close, Leicester sits on the 2nd largest plot.
According to HM Land Registry, 26, Pen Close, Leicester was last sold on 12 Aug 2021 for £155,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2021, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Pen Close, Leicester within a radius of 580 metres over the last 2 years.
The most recent example is 28, Spendlow Gardens, Leicester, LE2 9BW, a Freehold house which sold for £185,000 in Aug 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pen Close, Leicester, LE2 has a total of 39 addresses. According to our analysis of all the public data, 26, Pen Close, Leicester is the 28th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in LE2.
26, Pen Close, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Apr 2014.
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 26, Pen Close, Leicester is South Wigston station which is 1.4 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 26, Pen Close, Leicester, 28.8% of property is privately owned outright and 28.1% 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 26, Pen Close, Leicester, 18.6% of residents are recorded as possessing school level qualifications and 18.6% 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 26, Pen Close, Leicester, the average age was 33.8 and the most common age was 12.
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 26, Pen Close, Leicester, 0.8% 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 26, Pen Close, Leicester, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.