According to the public record, 7, Farm Close, Leicester is a period freehold house with 957 ft2 of internal area and sits on a 247 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Farm Close, Leicester, LE2 is located within the LE2 postal district.
7, Farm Close, Leicester has a single entry in the Land Registry database from August 2016 and a single entry in the EPC database dated July 2016.
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 Farm Close Leicester as £175,408 and the rental value as £848 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 7 Farm Close Leicester has increased by £4,216 (2.4%) and its rental value has increased by £36 per month (4.3%).
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, Farm Close, Leicester is in very good condition we estimate a sale value of £184,178 and rental value of £890 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,129 and a rental value of £789 per month.
If you were able to purchase this property for the estimated value of £175,408, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £862 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, Farm Close, Leicester sits on a plot of 247m2.
We have plot size data on 15 out of 26 other houses in the postcode and 7, Farm Close, Leicester sits on the 9th largest plot.
According to HM Land Registry, 7, Farm Close, Leicester was last sold on 25 Aug 2016 for £115,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2016, the market for similar properties has risen 50.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Farm Close, Leicester within a radius of 610 metres over the last 2 years.
The most recent example is 78, The Newry, Leicester, LE2 6SS, a Freehold house which sold for £224,000 in Oct 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farm Close, Leicester, LE2 has a total of 26 addresses. According to our analysis of all the public data, 7, Farm Close, Leicester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in LE2.
7, Farm Close, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jul 2016.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 7, Farm Close, Leicester is South Wigston station which is 1.5 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 7, Farm Close, Leicester, 44.1% of property is socially rented and 33.3% 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 7, Farm Close, Leicester, 34.3% of residents are recorded as possessing school level qualifications and 20.0% 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, Farm Close, Leicester, the average age was 33.8 and the most common age was 12.
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, Farm Close, 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 7, Farm Close, Leicester, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.