According to the public record, 5, Ferndale Road, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 551 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Ferndale Road, Leicester, LE2 is located within the LE2 postal district.
5, Ferndale Road, Leicester has 31 entries in the Land Registry database, most recently in October 2022 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 5 Ferndale Road Leicester as £209,312 and the rental value as £859 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 5 Ferndale Road Leicester has increased by £4,723 (2.3%) and its rental value has increased by £37 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, Ferndale Road, Leicester is in very good condition we estimate a sale value of £219,777 and rental value of £902 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,660 and a rental value of £799 per month.
If you were able to purchase this property for the estimated value of £209,312, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,029 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, 5, Ferndale Road, Leicester was last sold on 14 Oct 2022 for £145,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Ferndale Road, Leicester within a radius of 560 metres over the last 2 years.
The most recent example is 25, Heddington Way, Leicester, LE2 6HF, a Freehold house which sold for £230,000 in Aug 2022.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ferndale Road, Leicester, LE2 has a total of 35 addresses. According to our analysis of all the public data, 5, Ferndale Road, Leicester is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in LE2.
The closest station to 5, Ferndale Road, Leicester is South Wigston 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 5, Ferndale Road, Leicester, 40.0% of property is privately owned outright and 35.9% 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 5, Ferndale Road, Leicester, 21.0% of residents are recorded as possessing school level qualifications and 32.4% 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 5, Ferndale Road, 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 5, Ferndale Road, 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 5, Ferndale Road, Leicester, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.