According to the public record, 53, Spendlow Gardens, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,125 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Spendlow Gardens, Leicester, LE2 is located within the LE2 postal district.
53, Spendlow Gardens, Leicester has 31 entries in the Land Registry database, most recently in July 2007 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 53 Spendlow Gardens Leicester as £214,632 and the rental value as £935 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 53 Spendlow Gardens Leicester has increased by £4,937 (2.3%) and its rental value has increased by £41 per month (4.4%).
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 53, Spendlow Gardens, Leicester is in very good condition we estimate a sale value of £225,363 and rental value of £982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,607 and a rental value of £870 per month.
If you were able to purchase this property for the estimated value of £214,632, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,055 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, 53, Spendlow Gardens, Leicester was last sold on 31 Jul 2007 for £122,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2007, 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 53, Spendlow Gardens, Leicester within a radius of 590 metres over the last 2 years.
The most recent example is 5, Bentinghouse Road, Leicester, LE2 9BG, a Freehold house which sold for £215,000 in Aug 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spendlow Gardens, Leicester, LE2 has a total of 72 addresses. According to our analysis of all the public data, 53, Spendlow Gardens, Leicester is the 4th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in LE2.
The closest station to 53, Spendlow Gardens, Leicester is South Wigston station which is 1.4 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 53, Spendlow Gardens, Leicester, 32.3% of property is privately owned with a mortgage and 29.3% 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 53, Spendlow Gardens, Leicester, 29.1% of residents are recorded as possessing school level qualifications and 15.9% 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 53, Spendlow Gardens, Leicester, the average age was 36.8 and the most common age was 7.
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 53, Spendlow Gardens, 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 53, Spendlow Gardens, 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.