According to the public record, 38, Leicester Road, Leicester is a period freehold house with 1,776 ft2 of internal area and sits on a 498 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Leicester Road, Blaby, Leicester, LE8 is located in the borough of Blaby within the LE8 postal district.
38, Leicester Road, Leicester has a single entry in the Land Registry database from November 2020 and a single entry in the EPC database dated July 2020.
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 38 Leicester Road Leicester as £420,105 and the rental value as £1,603 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 38 Leicester Road Leicester has decreased by £29 (0.0%) and its rental value has increased by £46 per month (2.8%).
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 38, Leicester Road, Leicester is in very good condition we estimate a sale value of £441,110 and rental value of £1,683 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £390,697 and a rental value of £1,491 per month.
If you were able to purchase this property for the estimated value of £420,105, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,065 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, 38, Leicester Road, Leicester sits on a plot of 498m2.
We have plot size data on 11 out of 20 other houses in the postcode and 38, Leicester Road, Leicester sits on the 5th largest plot.
According to HM Land Registry, 38, Leicester Road, Leicester was last sold on 25 Nov 2020 for £375,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2020, the market for similar properties has risen 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Leicester Road, Leicester within a radius of 780 metres over the last 2 years.
The most recent example is 29, Welford Road, Leicester, LE8 4FT, a Freehold house which sold for £475,000 in May 2022.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Leicester Road, Blaby, Leicester, LE8 has a total of 32 addresses. According to our analysis of all the public data, 38, Leicester Road, Leicester is the 2nd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £98k more expensive than the average property in LE8.
38, Leicester Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 38, Leicester Road, Leicester is South Wigston station which is 2.1 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 38, Leicester Road, Leicester, 38.7% of property is privately rented and 32.6% 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 38, Leicester Road, Leicester, 13.6% of residents are recorded as possessing school level qualifications and 32.2% 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 38, Leicester Road, Leicester, the average age was 43.4 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 38, Leicester Road, Leicester, 1.3% 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 38, Leicester Road, Leicester, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.