According to the public record, 3, Phipps Close, Leicester is a modern freehold house with 904 ft2 of internal area and sits on a 253 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Phipps Close, Whetstone, Leicester, LE8 is located in the borough of Blaby within the LE8 postal district.
3, Phipps Close, Leicester has a single entry in the Land Registry database from October 2010 and a single entry in the EPC database dated May 2024.
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 3 Phipps Close Leicester as £295,299 and the rental value as £1,237 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 3 Phipps Close Leicester has increased by £2,663 (0.9%) and its rental value has increased by £52 per month (4.2%).
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 3, Phipps Close, Leicester is in very good condition we estimate a sale value of £310,064 and rental value of £1,299 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,628 and a rental value of £1,150 per month.
If you were able to purchase this property for the estimated value of £295,299, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,451 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, 3, Phipps Close, Leicester sits on a plot of 253m2.
We have plot size data on 8 out of 17 other houses in the postcode and 3, Phipps Close, Leicester sits on the 4th largest plot.
According to HM Land Registry, 3, Phipps Close, Leicester was last sold on 22 Oct 2010 for £196,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2010, the market for similar properties has risen 71.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Phipps Close, Leicester within a radius of 700 metres over the last 2 years.
The most recent example is 27, Westfield Close, Leicester, LE8 4BX, a Freehold house which sold for £305,000 in Jun 2024.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Phipps Close, Whetstone, Leicester, LE8 has a total of 17 addresses. According to our analysis of all the public data, 3, Phipps Close, Leicester is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in LE8.
3, Phipps Close, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 May 2024.
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 3, Phipps Close, Leicester is Narborough station which is 2.2 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 3, Phipps Close, Leicester, 56.6% of property is privately owned outright and 41.0% 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 3, Phipps Close, Leicester, 13.7% of residents are recorded as possessing school level qualifications and 22.0% 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 3, Phipps Close, Leicester, the average age was 39.9 and the most common age was 52.
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 3, Phipps Close, Leicester, 1.8% 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 3, Phipps Close, Leicester, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.