According to the public record, 63, Loughland Close, Leicester is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Loughland Close, Blaby, Leicester, LE8 is located in the borough of Blaby within the LE8 postal district.
63, Loughland Close, Leicester has 21 entries in the Land Registry database, most recently in May 2013 and a single entry in the EPC database dated February 2021.
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 63 Loughland Close Leicester as £138,356 and the rental value as £741 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 63 Loughland Close Leicester has increased by £1,056 (0.8%) and its rental value has increased by £28 per month (3.8%).
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 63, Loughland Close, Leicester is in very good condition we estimate a sale value of £145,274 and rental value of £778 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,671 and a rental value of £689 per month.
If you were able to purchase this property for the estimated value of £138,356, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £680 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, 63, Loughland Close, Leicester was last sold on 17 May 2013 for £110,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2013, the market for similar properties has risen 49.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 63, Loughland Close, Leicester within a radius of 700 metres over the last 2 years.
The most recent example is 59, Loughland Close, Leicester, LE8 4PB, a Leasehold flat which sold for £142,000 in Mar 2023.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Loughland Close, Blaby, Leicester, LE8 has a total of 48 addresses. According to our analysis of all the public data, 63, Loughland Close, Leicester is the 45th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in LE8.
63, Loughland Close, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 63, Loughland Close, Leicester is Narborough station which is 2.1 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 63, Loughland Close, Leicester, 31.7% of property is privately owned with a mortgage and 30.4% is privately owned outright.
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 63, Loughland Close, Leicester, 15.7% of residents are recorded as possessing school level qualifications and 25.9% 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 63, Loughland Close, Leicester, the average age was 39.9 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 63, Loughland Close, Leicester, 0.4% 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 63, Loughland Close, 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.