According to the public record, 45, Hotoft Road, Leicester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 652 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Hotoft Road, Leicester, LE5 is located within the LE5 postal district.
45, Hotoft Road, Leicester has a single entry in the Land Registry database from January 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 45 Hotoft Road Leicester as £121,655 and the rental value as £694 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 45 Hotoft Road Leicester has increased by £467 (0.4%) and its rental value has increased by £32 per month (4.7%).
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 45, Hotoft Road, Leicester is in very good condition we estimate a sale value of £127,738 and rental value of £729 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,139 and a rental value of £646 per month.
If you were able to purchase this property for the estimated value of £121,655, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £598 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, 45, Hotoft Road, Leicester was last sold on 18 Jan 2007 for £75,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2007, the market for similar properties has risen 50.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Hotoft Road, Leicester within a radius of 670 metres over the last 2 years.
The most recent example is 5, Hotoft Road, Leicester, LE5 1EF, a Leasehold flat which sold for £89,500 in Nov 2023.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hotoft Road, Leicester, LE5 has a total of 100 addresses. According to our analysis of all the public data, 45, Hotoft Road, Leicester is the 16th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in LE5.
The closest station to 45, Hotoft Road, Leicester is Leicester station which is 4.1 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 45, Hotoft Road, Leicester, 51.6% of property is privately rented and 24.7% 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 45, Hotoft Road, Leicester, 18.4% of residents are recorded as possessing school level qualifications and 15.4% 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 45, Hotoft Road, Leicester, the average age was 37.5 and the most common age was 27.
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 45, Hotoft 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 45, Hotoft Road, Leicester, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.