According to the public record, 48, Springfield Road, Leicester is a period house with 2,443 ft2 of internal area and sits on a 188 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Springfield Road, Leicester, LE2 is located within the LE2 postal district.
48, Springfield Road, Leicester has no records in the Land Registry database and a single entry in the EPC database dated March 2022.
We combine this information with public data 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 Springfield Road Leicester as £689,554 and the rental value as £1,747 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of 48 Springfield Road Leicester has increased by £3,045 (0.4%) and its rental value has increased by £45 per month (2.6%).
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, Springfield Road, Leicester is in very good condition we estimate a sale value of £724,031 and rental value of £1,834 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £641,285 and a rental value of £1,625 per month.
If you were able to purchase this property for the estimated value of £689,554, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,389 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, 48, Springfield Road, Leicester sits on a plot of 188m2.
We have plot size data on 9 out of 16 other houses in the postcode and 48, Springfield Road, Leicester sits on the 12th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Springfield Road, Leicester within a radius of 400 metres over the last 2 years.
The most recent example is 42, Avenue Road, Leicester, LE2 3EA, a Freehold house which sold for £425,000 in Oct 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, 48, Springfield Road, Leicester is the 22nd largest and the 12th most expensive property on the street.
When compared to the postcode district it is £413k more expensive than the average property in LE2.
48, Springfield Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Mar 2022.
The property is connected to mains gas and has partial secondary glazing. It is heated using a boiler and radiators.
The closest station to 48, 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 48, 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 48, 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 48, 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 48, 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 48, 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.