According to the public record, 54, Newmarket Street, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,867 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Newmarket Street, Leicester, LE2 is located within the LE2 postal district.
54, Newmarket Street, Leicester has a single entry in the Land Registry database from June 2015 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 54 Newmarket Street Leicester as £388,896 and the rental value as £1,355 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 54 Newmarket Street Leicester has increased by £1,727 (0.4%) and its rental value has increased by £34 per month (2.5%).
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 54, Newmarket Street, Leicester is in very good condition we estimate a sale value of £408,341 and rental value of £1,423 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £361,673 and a rental value of £1,260 per month.
If you were able to purchase this property for the estimated value of £388,896, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,911 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, 54, Newmarket Street, Leicester was last sold on 26 Jun 2015 for £340,023 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2015, the market for similar properties has risen 46.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Newmarket Street, Leicester within a radius of 570 metres over the last 2 years.
The most recent example is 104, Knighton Road, Leicester, LE2 3TQ, a Freehold house which sold for £378,000 in Dec 2017.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newmarket Street, Leicester, LE2 has a total of 46 addresses. According to our analysis of all the public data, 54, Newmarket Street, Leicester is the largest and the most expensive property on the street.
When compared to the postcode district it is £112k more expensive than the average property in LE2.
The closest station to 54, Newmarket Street, Leicester is Leicester 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 54, Newmarket Street, Leicester, 43.4% of property is privately owned outright and 33.8% 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 54, Newmarket Street, Leicester, 20.6% of residents are recorded as possessing school level qualifications and 57.3% 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 54, Newmarket Street, Leicester, the average age was 35.3 and the most common age was 22.
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 54, Newmarket Street, Leicester, 1.8% 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 54, Newmarket Street, 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.