According to the public record, 5, Cromford Way, Leicester is a modern freehold house with 936 ft2 of internal area and sits on a 199 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cromford Way, Broughton Astley, Leicester, LE9 is located in the borough of Harborough within the LE9 postal district.
5, Cromford Way, Leicester has a single entry in the Land Registry database from December 2022 and a single entry in the EPC database dated March 2022.
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 5 Cromford Way Leicester as £286,113 and the rental value as £1,119 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 5 Cromford Way Leicester has decreased by £312 (0.1%) and its rental value has increased by £49 per month (4.3%).
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 5, Cromford Way, Leicester is in very good condition we estimate a sale value of £300,418 and rental value of £1,175 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,085 and a rental value of £1,041 per month.
If you were able to purchase this property for the estimated value of £286,113, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,406 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, 5, Cromford Way, Leicester sits on a plot of 199m2.
We have plot size data on 30 out of 67 other houses in the postcode and 5, Cromford Way, Leicester sits on the 29th largest plot.
According to HM Land Registry, 5, Cromford Way, Leicester was last sold on 14 Dec 2022 for £322,850 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2022, the market for similar properties has dropped 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Cromford Way, Leicester within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 19, Cromford Way, Leicester, LE9 6UT, a Freehold house which sold for £290,000 in Jun 2023.
Read more about house prices in LE9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cromford Way, Broughton Astley, Leicester, LE9 has a total of 67 addresses. According to our analysis of all the public data, 5, Cromford Way, Leicester is the 52nd largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in LE9.
5, Cromford Way, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2022.
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 5, Cromford Way, Leicester is Narborough station which is 4.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Cromford Way, Leicester, 48.2% of property is privately owned with a mortgage and 44.7% 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 5, Cromford Way, Leicester, 23.5% of residents are recorded as possessing school level qualifications and 38.3% 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 5, Cromford Way, Leicester, the average age was 41.1 and the most common age was 52.
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 5, Cromford Way, Leicester, 1.3% 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 5, Cromford Way, Leicester, there are an average of 2.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.