According to the public record, 32, Weston Rise, Leicester is a modern freehold house with 1,496 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Weston Rise, Oadby, Leicester, LE2 is located in the borough of Oadby and Wigston within the LE2 postal district.
32, Weston Rise, Leicester has a single entry in the Land Registry database from May 2023 and a single entry in the EPC database dated May 2023.
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 good condition, we estimate the current sale value for 32 Weston Rise Leicester as £483,457 and the rental value as £1,275 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of 32 Weston Rise Leicester has increased by £3,281 (0.7%) and its rental value has increased by £31 per month (2.4%).
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 32, Weston Rise, Leicester is in very good condition we estimate a sale value of £507,630 and rental value of £1,339 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £449,615 and a rental value of £1,186 per month.
If you were able to purchase this property for the estimated value of £483,457, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,376 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, 32, Weston Rise, Leicester was last sold on 31 May 2023 for £529,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has dropped 0.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Weston Rise, Leicester within a radius of 930 metres over the last 2 years.
The most recent example is 15, Weston Rise, Leicester, LE2 4WA, a Freehold house which sold for £499,950 in Apr 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Weston Rise, Oadby, Leicester, LE2 has a total of 50 addresses. According to our analysis of all the public data, 32, Weston Rise, Leicester is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £207k more expensive than the average property in LE2.
32, Weston Rise, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 May 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 32, Weston Rise, Leicester is South Wigston station which is 4.8 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 32, Weston Rise, Leicester, 57.5% of property is privately owned outright and 30.1% 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 32, Weston Rise, Leicester, 20.9% of residents are recorded as possessing school level qualifications and 38.1% 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 32, Weston Rise, Leicester, the average age was 43.4 and the most common age was 12.
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 32, Weston Rise, Leicester, 0.0% 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 32, Weston Rise, 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.