According to the public record, 5, Morley Road, Leicester is a mid-century freehold house and with 1,054 ft2 of internal area and sits on a 255 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Morley Road, Sapcote, Leicester, LE9 is located in the borough of Blaby within the LE9 postal district.
5, Morley Road, Leicester has a single entry in the Land Registry database from January 2021 and a single entry in the EPC database dated August 2020.
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 Morley Road Leicester as £263,310 and the rental value as £1,124 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 5 Morley Road Leicester has decreased by £917 (0.3%) and its rental value has increased by £56 per month (5.0%).
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 5, Morley Road, Leicester is in very good condition we estimate a sale value of £276,476 and rental value of £1,180 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £244,879 and a rental value of £1,046 per month.
If you were able to purchase this property for the estimated value of £263,310, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,294 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, Morley Road, Leicester sits on a plot of 255m2.
We have plot size data on 13 out of 31 other houses in the postcode and 5, Morley Road, Leicester sits on the 12th largest plot.
According to HM Land Registry, 5, Morley Road, Leicester was last sold on 22 Jan 2021 for £240,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2021, the market for similar properties has risen 10.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Morley Road, Leicester within a radius of 150m over the last 2 years.
The most recent example is 2, Sharnford Road, Leicester, LE9 4JN, a Freehold house which sold for £315,000 in Jan 2022.
Read more about house prices in LE9.
Morley Road, Sapcote, Leicester, LE9 has a total of 31 addresses. According to our analysis of all the public data, 5, Morley Road, Leicester is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in LE9.
5, Morley Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2020.
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, Morley Road, Leicester is Narborough station which is 6.4 km 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, Morley Road, Leicester, 67.7% of property is privately owned outright and 26.3% 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, Morley Road, Leicester, 14.9% of residents are recorded as possessing school level qualifications and 34.0% 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, Morley Road, Leicester, the average age was 42.2 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, Morley Road, Leicester, 3.2% 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, Morley Road, Leicester, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.