According to the public record, 48, Fern Close, Leicester is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Fern Close, Thurnby, Leicester, LE7 is located in the borough of Harborough within the LE7 postal district.
48, Fern Close, Leicester has 2 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated December 2019.
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 48 Fern Close Leicester as £70,866 and the rental value as £466 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of 48 Fern Close Leicester has decreased by £68 (0.1%) and its rental value has increased by £19 per month (4.0%).
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 48, Fern Close, Leicester is in very good condition we estimate a sale value of £74,409 and rental value of £490 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £65,905 and a rental value of £434 per month.
If you were able to purchase this property for the estimated value of £70,866, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £348 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, 48, Fern Close, Leicester was last sold on 24 Mar 2023 for £67,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2023, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Fern Close, Leicester within a radius of 670 metres over the last 2 years.
The most recent example is 42, Fern Close, Leicester, LE7 9QJ, a Leasehold flat which sold for £75,000 in May 2022.
Read more about house prices in LE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fern Close, Thurnby, Leicester, LE7 has a total of 51 addresses. According to our analysis of all the public data, 48, Fern Close, Leicester is the 36th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £286k less expensive than the average property in LE7.
48, Fern Close, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Dec 2019.
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 48, Fern Close, Leicester is Leicester station which is 5.2 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 48, Fern Close, Leicester, 39.6% of property is privately owned outright and 27.7% is privately rented.
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 48, Fern Close, Leicester, 17.9% of residents are recorded as possessing school level qualifications and 27.3% 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 48, Fern Close, Leicester, the average age was 42.8 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 48, Fern Close, 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 48, Fern Close, Leicester, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.