According to the public record, 524, Welford Road, Leicester is a period freehold house with 1,184 ft2 of internal area and sits on a 318 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Welford Road, Leicester, LE2 is located within the LE2 postal district.
524, Welford Road, Leicester has a single entry in the Land Registry database from October 2012 and a single entry in the EPC database dated March 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 524 Welford Road Leicester as £343,288 and the rental value as £1,154 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 524 Welford Road Leicester has increased by £2,407 (0.7%) and its rental value has increased by £32 per month (2.7%).
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 524, Welford Road, Leicester is in very good condition we estimate a sale value of £360,452 and rental value of £1,212 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,257 and a rental value of £1,073 per month.
If you were able to purchase this property for the estimated value of £343,288, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,687 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, 524, Welford Road, Leicester sits on a plot of 318m2.
We have plot size data on 6 out of 13 other houses in the postcode and 524, Welford Road, Leicester sits on the 3rd largest plot.
According to HM Land Registry, 524, Welford Road, Leicester was last sold on 23 Oct 2012 for £150,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2012, the market for similar properties has risen 68.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 524, Welford Road, Leicester within a radius of 590 metres over the last 2 years.
The most recent example is 653, Welford Road, Leicester, LE2 6FQ, a Freehold house which sold for £310,000 in Jan 2024.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welford Road, Leicester, LE2 has a total of 547 addresses. According to our analysis of all the public data, 524, Welford Road, Leicester is the 141st largest and the 124th most expensive property on the street.
When compared to the postcode district it is £66k more expensive than the average property in LE2.
524, Welford Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Mar 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 524, Welford Road, Leicester is South Wigston station which is 2.5 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 524, Welford Road, Leicester, 43.6% of property is privately owned outright and 36.4% 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 524, Welford Road, Leicester, 22.2% of residents are recorded as possessing school level qualifications and 41.8% 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 524, Welford Road, Leicester, the average age was 43 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 524, Welford 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 524, Welford 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.