According to the public record, 297, London Road, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 2,045 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
London Road, Leicester, LE2 is located within the LE2 postal district.
297, London Road, Leicester has a single entry in the Land Registry database from February 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 297 London Road Leicester as £762,942 and the rental value as £1,936 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 297 London Road Leicester has increased by £3,332 (0.4%) and its rental value has increased by £50 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 297, London Road, Leicester is in very good condition we estimate a sale value of £801,089 and rental value of £2,033 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £709,536 and a rental value of £1,801 per month.
If you were able to purchase this property for the estimated value of £762,942, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,750 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 HM Land Registry, 297, London Road, Leicester was last sold on 15 Feb 2006 for £385,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 297, London Road, Leicester within a radius of 520 metres over the last 2 years.
The most recent example is 55, Knighton Drive, Leicester, LE2 3HD, a Freehold house which sold for £705,000 in Jun 2022.
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, 297, London Road, Leicester is the 40th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £486k more expensive than the average property in LE2.
The closest station to 297, 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 297, 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 297, 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 297, 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 297, 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 297, 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.