According to the public record, 31, Ring Road, Leicester is a early-century freehold house and with 1,194 ft2 of internal area and sits on a 354 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ring Road, Leicester, LE2 is located within the LE2 postal district.
31, Ring Road, Leicester has a single entry in the Land Registry database from February 2014 and no records in the EPC database.
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 31 Ring Road Leicester as £455,309 and the rental value as £1,234 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of 31 Ring Road Leicester has increased by £2,151 (0.5%) and its rental value has increased by £31 per month (2.5%).
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 31, Ring Road, Leicester is in very good condition we estimate a sale value of £478,074 and rental value of £1,296 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,437 and a rental value of £1,148 per month.
If you were able to purchase this property for the estimated value of £455,309, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,238 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, 31, Ring Road, Leicester sits on a plot of 354m2.
We have plot size data on 14 out of 25 other houses in the postcode and 31, Ring Road, Leicester sits on the 14th largest plot.
According to HM Land Registry, 31, Ring Road, Leicester was last sold on 14 Feb 2014 for £235,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2014, the market for similar properties has risen 58.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Ring Road, Leicester within a radius of 511m over the last 2 years.
The most recent example is 26, Beresford Drive, Leicester, LE2 3LA, a Freehold house which sold for £470,000 in Oct 2023.
Read more about house prices in LE2.
Ring Road, Leicester, LE2 has a total of 66 addresses. According to our analysis of all the public data, 31, Ring Road, Leicester is the 61st largest and the 51st most expensive property on the street.
When compared to the postcode district it is £178k more expensive than the average property in LE2.
31, Ring Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 May 2013.
The property is connected to mains gas and has partial secondary glazing. It is heated using a boiler and radiators.
The closest station to 31, Ring Road, Leicester is South Wigston station which is 3.2 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 31, Ring Road, Leicester, 56.1% of property is privately owned with a mortgage and 43.1% 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 31, Ring Road, Leicester, 24.1% of residents are recorded as possessing school level qualifications and 51.7% 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 31, Ring Road, Leicester, the average age was 43 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 31, Ring 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 31, Ring Road, Leicester, there are an average of 2.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.