According to the public record, 26, Severn Road, Leicester is a mid-century freehold house with 882 ft2 of internal area and sits on a 414 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Severn Road, Oadby, Leicester, LE2 is located in the borough of Oadby and Wigston within the LE2 postal district.
26, Severn Road, Leicester has 21 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated June 2022.
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 Severn Road Leicester as £299,566 and the rental value as £1,098 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 26 Severn Road Leicester has increased by £2,902 (1.0%) and its rental value has increased by £36 per month (3.3%).
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, Severn Road, Leicester is in very good condition we estimate a sale value of £314,544 and rental value of £1,153 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,596 and a rental value of £1,021 per month.
If you were able to purchase this property for the estimated value of £299,566, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,472 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, Severn Road, Leicester sits on a plot of 414m2.
We have plot size data on 14 out of 21 other houses in the postcode and 26, Severn Road, Leicester sits on the 8th largest plot.
According to HM Land Registry, 26, Severn Road, Leicester was last sold on 02 Dec 2022 for £260,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2022, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26, Severn Road, Leicester within a radius of 810 metres over the last 2 years.
The most recent example is 20, Waveney Rise, Leicester, LE2 4GG, a Freehold house which sold for £280,000 in Nov 2022.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Severn Road, Oadby, Leicester, LE2 has a total of 116 addresses. According to our analysis of all the public data, 26, Severn Road, Leicester is the 81st largest and the 81st most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in LE2.
26, Severn Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jun 2022.
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, Severn Road, Leicester is South Wigston station which is 5.3 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, Severn Road, Leicester, 47.5% of property is privately owned outright and 33.1% 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, Severn Road, Leicester, 19.1% of residents are recorded as possessing school level qualifications and 38.3% 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, Severn Road, 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 26, Severn Road, Leicester, 0.3% 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, Severn Road, 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.