According to the public record, 43, Springfield Road, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,544 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Springfield Road, Leicester, LE2 is located within the LE2 postal district.
43, Springfield Road, Leicester has 21 entries in the Land Registry database, most recently in April 2007 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 43 Springfield Road Leicester as £444,042 and the rental value as £1,195 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of 43 Springfield Road Leicester has increased by £2,657 (0.6%) and its rental value has increased by £33 per month (2.7%).
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 43, Springfield Road, Leicester is in very good condition we estimate a sale value of £466,244 and rental value of £1,255 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £412,959 and a rental value of £1,111 per month.
If you were able to purchase this property for the estimated value of £444,042, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,182 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, 43, Springfield Road, Leicester was last sold on 03 Apr 2007 for £375,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2007, the market for similar properties has risen 65.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Springfield Road, Leicester within a radius of 400 metres over the last 2 years.
The most recent example is 12, West Avenue, Leicester, LE2 1TR, a Freehold house which sold for £355,000 in Nov 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Road, Leicester, LE2 has a total of 99 addresses. According to our analysis of all the public data, 43, Springfield Road, Leicester is the 35th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £167k more expensive than the average property in LE2.
The closest station to 43, Springfield Road, Leicester is Leicester station which is 1.8 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 43, Springfield Road, Leicester, 56.7% of property is privately rented and 23.3% 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 43, Springfield Road, Leicester, 22.6% of residents are recorded as possessing school level qualifications and 44.5% 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 43, Springfield Road, Leicester, the average age was 37 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 43, Springfield Road, Leicester, 0.8% 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 43, Springfield 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.