According to the public record, 50, Grove Road, Leicester is a modern freehold house with 1,786 ft2 of internal area and sits on a 909 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Grove Road, Blaby, Leicester, LE8 is located in the borough of Blaby within the LE8 postal district.
50, Grove Road, Leicester has a single entry in the Land Registry database from May 2016 and a single entry in the EPC database dated February 2016.
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 50 Grove Road Leicester as £365,204 and the rental value as £1,578 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 50 Grove Road Leicester has decreased by £103 (0.0%) and its rental value has increased by £48 per month (3.0%).
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 50, Grove Road, Leicester is in very good condition we estimate a sale value of £383,464 and rental value of £1,657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,639 and a rental value of £1,468 per month.
If you were able to purchase this property for the estimated value of £365,204, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,795 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, 50, Grove Road, Leicester sits on a plot of 909m2.
We have plot size data on 19 out of 38 other houses in the postcode and 50, Grove Road, Leicester sits on the largest plot.
According to HM Land Registry, 50, Grove Road, Leicester was last sold on 20 May 2016 for £365,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2016, the market for similar properties has risen 33.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Grove Road, Leicester within a radius of 580 metres over the last 2 years.
The most recent example is 32, Auburn Road, Leicester, LE8 4DA, a Freehold house which sold for £336,000 in Nov 2023.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grove Road, Blaby, Leicester, LE8 has a total of 88 addresses. According to our analysis of all the public data, 50, Grove Road, Leicester is the 4th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in LE8.
50, Grove Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Feb 2016.
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 50, Grove Road, Leicester is Narborough station which is 2.4 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 50, Grove Road, Leicester, 33.1% of property is privately owned with a mortgage and 30.7% is socially rented.
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 50, Grove Road, Leicester, 21.6% of residents are recorded as possessing school level qualifications and 19.9% 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 50, Grove Road, Leicester, the average age was 43.4 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 50, Grove 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 50, Grove Road, Leicester, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.