According to the public record, 34, Gainsford Road, Leicester is a modern freehold house with 839 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gainsford Road, Leicester, LE5 is located within the LE5 postal district.
34, Gainsford Road, Leicester has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated July 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 34 Gainsford Road Leicester as £263,798 and the rental value as £1,081 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 34 Gainsford Road Leicester has increased by £1,629 (0.6%) and its rental value has increased by £53 per month (4.9%).
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 34, Gainsford Road, Leicester is in very good condition we estimate a sale value of £276,988 and rental value of £1,135 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,332 and a rental value of £1,005 per month.
If you were able to purchase this property for the estimated value of £263,798, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,296 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, 34, Gainsford Road, Leicester was last sold on 25 Nov 2022 for £241,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Gainsford Road, Leicester within a radius of 600 metres over the last 2 years.
The most recent example is 36, Gainsford Road, Leicester, LE5 0BU, a Freehold house which sold for £235,000 in Oct 2022.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gainsford Road, Leicester, LE5 has a total of 22 addresses. According to our analysis of all the public data, 34, Gainsford Road, Leicester is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in LE5.
34, Gainsford Road, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jul 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 34, Gainsford Road, Leicester is Leicester station which is 3.2 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 34, Gainsford Road, Leicester, 29.4% of property is socially rented and 27.7% 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 34, Gainsford Road, Leicester, 27.7% of residents are recorded as possessing school level qualifications and 29.2% 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 34, Gainsford Road, Leicester, the average age was 37.5 and the most common age was 27.
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 34, Gainsford Road, 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 34, Gainsford Road, 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.