According to the public record, 40, New Road, Leicester is a period freehold house with 1,948 ft2 of internal area and sits on a 1,621 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
New Road, Kibworth Harcourt, Leicester, LE8 is located in the borough of Harborough within the LE8 postal district.
40, New Road, Leicester has 2 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated March 2021.
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 40 New Road Leicester as £551,577 and the rental value as £1,720 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 40 New Road Leicester has decreased by £113 (0.0%) and its rental value has increased by £50 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 40, New Road, Leicester is in very good condition we estimate a sale value of £579,156 and rental value of £1,806 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £512,967 and a rental value of £1,600 per month.
If you were able to purchase this property for the estimated value of £551,577, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,711 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, 40, New Road, Leicester sits on a plot of 1621m2.
We have plot size data on 12 out of 19 other houses in the postcode and 40, New Road, Leicester sits on the 2nd largest plot.
According to HM Land Registry, 40, New Road, Leicester was last sold on 29 Jun 2021 for £582,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, New Road, Leicester within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 29, Rectory Lane, Leicester, LE8 0NW, a Freehold house which sold for £545,000 in Aug 2023.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Road, Kibworth Harcourt, Leicester, LE8 has a total of 19 addresses. According to our analysis of all the public data, 40, New Road, Leicester is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £230k more expensive than the average property in LE8.
40, New Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Mar 2021.
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 40, New Road, Leicester is Market Harborough station which is 8.2 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 40, New Road, Leicester, 46.8% of property is privately owned outright and 38.1% 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 40, New Road, Leicester, 23.4% of residents are recorded as possessing school level qualifications and 34.3% 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 40, New Road, Leicester, the average age was 43.8 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 40, New Road, Leicester, 0.6% 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 40, New Road, Leicester, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.