According to the public record, 7, Bankside, Leicester is a mid-century freehold house with 1,313 ft2 of internal area and sits on a 287 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Bankside, Leicester, LE5 is located within the LE5 postal district.
7, Bankside, Leicester has 21 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated January 2014.
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 7 Bankside Leicester as £303,642 and the rental value as £1,144 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 7 Bankside Leicester has increased by £707 (0.2%) and its rental value has increased by £52 per month (4.5%).
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 7, Bankside, Leicester is in very good condition we estimate a sale value of £318,825 and rental value of £1,201 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,387 and a rental value of £1,064 per month.
If you were able to purchase this property for the estimated value of £303,642, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,492 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, 7, Bankside, Leicester sits on a plot of 287m2.
We have plot size data on 6 out of 8 other houses in the postcode and 7, Bankside, Leicester sits on the largest plot.
According to HM Land Registry, 7, Bankside, Leicester was last sold on 12 Oct 2023 for £320,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2023, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Bankside, Leicester within a radius of 590 metres over the last 2 years.
The most recent example is 166, Cardinals Walk, Leicester, LE5 1LL, a Freehold house which sold for £270,000 in Nov 2021.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bankside, Leicester, LE5 has a total of 8 addresses. According to our analysis of all the public data, 7, Bankside, Leicester is the largest and the most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in LE5.
7, Bankside, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jan 2014.
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 7, Bankside, Leicester is Leicester station which is 5.1 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 7, Bankside, Leicester, 36.1% of property is privately owned with a mortgage and 26.9% 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 7, Bankside, Leicester, 35.6% of residents are recorded as possessing school level qualifications and 18.8% 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 7, Bankside, Leicester, the average age was 36.2 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 7, Bankside, Leicester, 0.6% 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 7, Bankside, Leicester, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.