According to the public record, 27, Mercia Way, Leeds is a modern freehold house and with 1,205 ft2 of internal area and sits on a 274 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mercia Way, Leeds, LS15 is located in the borough of Leeds within the LS15 postal district.
27, Mercia Way, Leeds has a single entry in the Land Registry database from March 2020 and a single entry in the EPC database dated May 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 27 Mercia Way Leeds as £347,248 and the rental value as £1,383 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 27 Mercia Way Leeds has increased by £6,300 (1.8%) and its rental value has increased by £38 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 27, Mercia Way, Leeds is in very good condition we estimate a sale value of £364,610 and rental value of £1,452 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,940 and a rental value of £1,286 per month.
If you were able to purchase this property for the estimated value of £347,248, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,707 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, 27, Mercia Way, Leeds sits on a plot of 274m2.
We have plot size data on 11 out of 28 other houses in the postcode and 27, Mercia Way, Leeds sits on the 11th largest plot.
According to HM Land Registry, 27, Mercia Way, Leeds was last sold on 06 Mar 2020 for £257,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2020, the market for similar properties has risen 21.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Mercia Way, Leeds within a radius of 139m over the last 2 years.
The most recent example is 1, Mercia Way, Leeds, LS15 8UA, a Freehold house which sold for £335,000 in Nov 2023.
Read more about house prices in LS15.
Mercia Way, Leeds, LS15 has a total of 28 addresses. According to our analysis of all the public data, 27, Mercia Way, Leeds is the 4th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in LS15.
27, Mercia Way, Leeds has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 May 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 27, Mercia Way, Leeds is Cross Gates station which is 1.3 km 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 27, Mercia Way, Leeds, 72.2% of property is privately owned outright and 18.5% 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 27, Mercia Way, Leeds, 6.6% of residents are recorded as possessing school level qualifications and 26.7% 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 27, Mercia Way, Leeds, the average age was 45.6 and the most common age was 57.
The graph below shows how this compares to Yorkshire and The Humber 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 27, Mercia Way, Leeds, 2.0% of property was a second home.
Comparison figures for Yorkshire and The Humber 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 27, Mercia Way, Leeds, there are an average of 1.2 cars per household.
See below for how this compares to Yorkshire and The Humber and the rest of England & Wales.