According to the public record, 44, Wheatsheaf Way, Leicester is a modern leasehold apartment with 1,130 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Wheatsheaf Way, Leicester, LE2 is located within the LE2 postal district.
44, Wheatsheaf Way, Leicester has 2 entries in the Land Registry database, most recently in June 2020 and a single entry in the EPC database dated January 2014.
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 44 Wheatsheaf Way Leicester as £241,956 and the rental value as £1,047 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 44 Wheatsheaf Way Leicester has increased by £2,329 (1.0%) and its rental value has increased by £32 per month (3.0%).
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 44, Wheatsheaf Way, Leicester is in very good condition we estimate a sale value of £254,053 and rental value of £1,099 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,019 and a rental value of £974 per month.
If you were able to purchase this property for the estimated value of £241,956, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,189 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, 44, Wheatsheaf Way, Leicester was last sold on 12 Jun 2020 for £210,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2020, the market for similar properties has risen 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44, Wheatsheaf Way, Leicester within a radius of 470 metres over the last 2 years.
The most recent example is Apartment 20, 23, Cowper Street, Leicester, LE2 6EW, a Leasehold flat which sold for £255,000 in Aug 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheatsheaf Way, Leicester, LE2 has a total of 61 addresses. According to our analysis of all the public data, 44, Wheatsheaf Way, Leicester is the 7th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in LE2.
44, Wheatsheaf Way, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and underfloor heating.
The closest station to 44, Wheatsheaf Way, 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 44, Wheatsheaf Way, Leicester, 40.3% of property is privately rented and 39.5% 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 44, Wheatsheaf Way, Leicester, 34.3% of residents are recorded as possessing school level qualifications and 45.8% 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 44, Wheatsheaf Way, Leicester, the average age was 35.3 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 44, Wheatsheaf Way, 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 44, Wheatsheaf Way, Leicester, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.