According to the public record, 293, London Road, Leicester is a mid-century freehold house with 1,722 ft2 of internal area and sits on a 1,127 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
London Road, Leicester, LE2 is located within the LE2 postal district.
293, London Road, Leicester has a single entry in the Land Registry database from August 2016 and a single entry in the EPC database dated June 2016.
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 293 London Road Leicester as £585,048 and the rental value as £1,482 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 293 London Road Leicester has increased by £2,555 (0.4%) and its rental value has increased by £38 per month (2.6%).
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 293, London Road, Leicester is in very good condition we estimate a sale value of £614,300 and rental value of £1,556 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £544,095 and a rental value of £1,379 per month.
If you were able to purchase this property for the estimated value of £585,048, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,875 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, 293, London Road, Leicester sits on a plot of 1127m2.
We have plot size data on 4 out of 9 other houses in the postcode and 293, London Road, Leicester sits on the 3rd largest plot.
According to HM Land Registry, 293, London Road, Leicester was last sold on 19 Aug 2016 for £510,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2016, the market for similar properties has risen 37.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 293, London Road, Leicester within a radius of 490 metres over the last 2 years.
The most recent example is 10, Avenue Gardens, Leicester, LE2 3EU, a Freehold house which sold for £540,000 in May 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Leicester, LE2 has a total of 1129 addresses. According to our analysis of all the public data, 293, London Road, Leicester is the 77th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £308k more expensive than the average property in LE2.
293, London Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jun 2016.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 293, London Road, Leicester is Leicester station which is 2.3 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 293, London Road, Leicester, 50.4% of property is privately rented and 26.6% is socially rented.
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 293, London Road, Leicester, 11.1% of residents are recorded as possessing school level qualifications and 35.9% 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 293, London Road, Leicester, the average age was 37 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 293, London Road, 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 293, London Road, Leicester, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.