According to the public record, 34, Romway Road, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,608 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Romway Road, Leicester, LE5 is located within the LE5 postal district.
34, Romway Road, Leicester has a single entry in the Land Registry database from March 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 34 Romway Road Leicester as £417,665 and the rental value as £1,253 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 34 Romway Road Leicester has decreased by £924 (0.2%) and its rental value has increased by £36 per month (2.9%).
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, Romway Road, Leicester is in very good condition we estimate a sale value of £438,548 and rental value of £1,315 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,429 and a rental value of £1,165 per month.
If you were able to purchase this property for the estimated value of £417,665, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,053 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, Romway Road, Leicester was last sold on 19 Mar 2021 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 11.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Romway Road, Leicester within a radius of 550 metres over the last 2 years.
The most recent example is 32, Highway Road, Leicester, LE5 5RD, a Freehold house which sold for £400,000 in Mar 2023.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romway Road, Leicester, LE5 has a total of 101 addresses. According to our analysis of all the public data, 34, Romway Road, Leicester is the 30th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £143k more expensive than the average property in LE5.
The closest station to 34, Romway Road, Leicester is Leicester station which is 2.2 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, Romway Road, Leicester, 57.9% of property is privately owned outright and 26.3% 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 34, Romway Road, Leicester, 30.3% of residents are recorded as possessing school level qualifications and 34.0% 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, Romway Road, 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 34, Romway 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, Romway Road, Leicester, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.