According to the public record, 38, Vernon Road, Leicester is a period freehold house and with 753 ft2 of internal area and sits on a 83.1 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Vernon Road, Leicester, LE2 is located within the LE2 postal district.
38, Vernon Road, Leicester has a single entry in the Land Registry database from September 2007 and no records in the EPC database.
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 Vernon Road Leicester as £166,815 and the rental value as £826 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 38 Vernon Road Leicester has increased by £3,855 (2.3%) and its rental value has increased by £37 per month (4.5%).
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, Vernon Road, Leicester is in very good condition we estimate a sale value of £175,156 and rental value of £868 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,138 and a rental value of £768 per month.
If you were able to purchase this property for the estimated value of £166,815, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £820 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, Vernon Road, Leicester sits on a plot of 83m2.
We have plot size data on 18 out of 28 other houses in the postcode and 38, Vernon Road, Leicester sits on the 4th largest plot.
According to HM Land Registry, 38, Vernon Road, Leicester was last sold on 07 Sep 2007 for £97,250 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 71.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Vernon Road, Leicester within a radius of 108m over the last 2 years.
The most recent example is 67, Knighton Lane, Leicester, LE2 8BH, a Freehold house which sold for £165,000 in Mar 2024.
Read more about house prices in LE2.
Vernon Road, Leicester, LE2 has a total of 192 addresses. According to our analysis of all the public data, 38, Vernon Road, Leicester is the 92nd largest and the 147th most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in LE2.
38, Vernon Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 May 2014.
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, Vernon Road, Leicester is Leicester station which is 2.7 km 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, Vernon Road, Leicester, 53.7% of property is privately rented and 20.2% 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, Vernon Road, Leicester, 20.9% of residents are recorded as possessing school level qualifications and 31.3% 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 38, Vernon Road, Leicester, the average age was 34.5 and the most common age was 32.
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, Vernon 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 38, Vernon Road, Leicester, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.