According to the public record, 33, Oak Tree Road, Leicester is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Oak Tree Road, Great Glen, Leicester, LE8 is located in the borough of Harborough within the LE8 postal district.
33, Oak Tree Road, Leicester has a single entry in the Land Registry database from October 2021 and a single entry in the EPC database dated January 2022.
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 33 Oak Tree Road Leicester as £190,659 and the rental value as £925 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 33 Oak Tree Road Leicester has increased by £2,742 (1.4%) and its rental value has increased by £37 per month (4.0%).
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 33, Oak Tree Road, Leicester is in very good condition we estimate a sale value of £200,192 and rental value of £971 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £177,313 and a rental value of £860 per month.
If you were able to purchase this property for the estimated value of £190,659, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £937 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, 33, Oak Tree Road, Leicester was last sold on 01 Oct 2021 for £167,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2021, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 33, Oak Tree Road, Leicester within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 1, Glen View Avenue, Leicester, LE8 9HQ, a Leasehold flat which sold for £172,500 in Mar 2022.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Tree Road, Great Glen, Leicester, LE8 has a total of 75 addresses. According to our analysis of all the public data, 33, Oak Tree Road, Leicester is the 67th largest and the 67th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in LE8.
33, Oak Tree Road, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Jan 2022.
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 33, Oak Tree Road, Leicester is South Wigston station which is 7.7 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 33, Oak Tree Road, Leicester, 51.1% of property is privately owned outright and 27.1% 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 33, Oak Tree Road, Leicester, 17.0% of residents are recorded as possessing school level qualifications and 43.3% 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 33, Oak Tree Road, Leicester, the average age was 42.4 and the most common age was 57.
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 33, Oak Tree Road, Leicester, 0.9% 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 33, Oak Tree Road, Leicester, there are an average of 2.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.