According to the public record, 5 Mews Cottages, Leicester is a modern freehold house with 893 ft2 of internal area and sits on a 114 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Hill Road, Arnesby, Leicester, LE8 is located in the borough of Harborough within the LE8 postal district.
5 Mews Cottages, Leicester has a single entry in the Land Registry database from November 2010 and a single entry in the EPC database dated July 2010.
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 Mews Cottages Leicester as £337,388 and the rental value as £1,154 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 5 Mews Cottages Leicester has increased by £689 (0.2%) and its rental value has increased by £42 per month (3.7%).
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 5 Mews Cottages, Leicester is in very good condition we estimate a sale value of £354,258 and rental value of £1,211 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,771 and a rental value of £1,073 per month.
If you were able to purchase this property for the estimated value of £337,388, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,658 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 Mews Cottages, Leicester sits on a plot of 114m2.
We have plot size data on 16 out of 22 other houses in the postcode and 5 Mews Cottages, Leicester sits on the 13th largest plot.
According to HM Land Registry, 5 Mews Cottages, Leicester was last sold on 05 Nov 2010 for £137,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2010, the market for similar properties has risen 67.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5 Mews Cottages, Leicester within a radius of 3.6 kilometres over the last 2 years.
The most recent example is Bumble Bee Cottage, St. Peters Road, Leicester, LE8 5WJ, a Freehold house which sold for £240,000 in Apr 2021.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Hill Road, Arnesby, Leicester, LE8 has a total of 23 addresses. According to our analysis of all the public data, 5 Mews Cottages, Leicester is the 16th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in LE8.
5 Mews Cottages, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jul 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 5 Mews Cottages, Leicester is South Wigston station which is 7.0 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 Mews Cottages, Leicester, 52.5% of property is privately owned outright and 35.0% 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 Mews Cottages, Leicester, 13.0% of residents are recorded as possessing school level qualifications and 39.1% 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 Mews Cottages, Leicester, the average age was 45.2 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 5 Mews Cottages, Leicester, 1.4% 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 Mews Cottages, 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.