673, Welford Road, Leicester has a single entry in the Land Registry database from July 2022 and a single entry in the EPC database dated October 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 673, Welford Road, Leicester is in very good condition we estimate a sale value of £368,988 and rental value of £1,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,818 and a rental value of £1,081 per month.
If you were able to purchase this property for the estimated value of £351,417, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,727 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, 673, Welford Road, Leicester sits on a plot of 311m2.
We have plot size data on 16 out of 34 other houses in the postcode and 673, Welford Road, Leicester sits on the 9th largest plot.
According to HM Land Registry, 673, Welford Road, Leicester was last sold on 07 Jul 2022 for £380,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2022, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 673, Welford Road, Leicester within a radius of 610 metres over the last 2 years.
The most recent example is 645, Welford Road, Leicester, LE2 6FQ, a Freehold house which sold for £326,250 in May 2023.
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, 673, Welford Road, Leicester is the 126th largest and the 113th most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in LE2.
673, Welford Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Oct 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, 673, Welford Road, Leicester is a period freehold house with 1,270 ft2 of internal area and sits on a 311 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 673 Welford Road Leicester as £351,417 and the rental value as £1,162 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 673 Welford Road Leicester has increased by £2,464 (0.7%) and its rental value has increased by £32 per month (2.7%).
The closest station to 673, Welford Road, Leicester is South Wigston 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 673, 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 673, 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 673, 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 673, 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 673, 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.