According to the public record, 3, Scholars Walk, Leicester is a modern leasehold apartment with 1,248 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Scholars Walk, Leicester, LE2 is located within the LE2 postal district.
3, Scholars Walk, Leicester has a single entry in the Land Registry database from March 2015 and a single entry in the EPC database dated November 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 3 Scholars Walk Leicester as £289,773 and the rental value as £1,136 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 3 Scholars Walk Leicester has increased by £2,485 (0.9%) and its rental value has increased by £39 per month (3.5%).
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, Scholars Walk, Leicester is in very good condition we estimate a sale value of £304,261 and rental value of £1,193 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £269,489 and a rental value of £1,057 per month.
If you were able to purchase this property for the estimated value of £289,773, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,424 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, 3, Scholars Walk, Leicester was last sold on 24 Mar 2015 for £357,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2015, the market for similar properties has risen 40.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Scholars Walk, Leicester within a radius of 440 metres over the last 2 years.
The most recent example is Flat 22, The Laurels 26, Knighton Park Road, Leicester, LE2 1ZA, a Leasehold flat which sold for £250,000 in Dec 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scholars Walk, Leicester, LE2 has a total of 23 addresses. According to our analysis of all the public data, 3, Scholars Walk, Leicester is the 13th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in LE2.
3, Scholars Walk, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Nov 2014.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 3, Scholars Walk, Leicester is Leicester station which is 1.5 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, Scholars Walk, Leicester, 42.6% of property is privately rented and 22.4% is privately owned outright.
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, Scholars Walk, Leicester, 23.9% of residents are recorded as possessing school level qualifications and 53.9% 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 3, Scholars Walk, Leicester, the average age was 34.7 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 3, Scholars Walk, 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 3, Scholars Walk, Leicester, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.