According to the public record, 7, Orchid Close, Leicester is a modern freehold house with 893 ft2 of internal area and sits on a 209 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Orchid Close, Hamilton, Leicester, LE5 is located within the LE5 postal district.
7, Orchid Close, Leicester has 31 entries in the Land Registry database, most recently in July 2016 and a single entry in the EPC database dated March 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 Orchid Close Leicester as £306,369 and the rental value as £1,071 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 7 Orchid Close Leicester has increased by £2,840 (0.9%) and its rental value has increased by £56 per month (5.2%).
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, Orchid Close, Leicester is in very good condition we estimate a sale value of £321,688 and rental value of £1,124 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,924 and a rental value of £996 per month.
If you were able to purchase this property for the estimated value of £306,369, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,506 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, Orchid Close, Leicester sits on a plot of 209m2.
We have plot size data on 8 out of 15 other houses in the postcode and 7, Orchid Close, Leicester sits on the 8th largest plot.
According to HM Land Registry, 7, Orchid Close, Leicester was last sold on 08 Jul 2016 for £165,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2016, the market for similar properties has risen 59.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Orchid Close, Leicester within a radius of 510 metres over the last 2 years.
The most recent example is 6, Wainwright Avenue, Leicester, LE5 1QW, a Freehold house which sold for £300,000 in Mar 2023.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchid Close, Hamilton, Leicester, LE5 has a total of 15 addresses. According to our analysis of all the public data, 7, Orchid Close, Leicester is the 13th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £32k more expensive than the average property in LE5.
7, Orchid Close, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Mar 2016.
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, Orchid Close, Leicester is Syston station which is 4.5 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, Orchid Close, Leicester, 49.6% of property is privately owned with a mortgage and 28.8% 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 7, Orchid Close, Leicester, 19.4% of residents are recorded as possessing school level qualifications and 31.7% 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, Orchid Close, Leicester, the average age was 37.5 and the most common age was 27.
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, Orchid 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, Orchid Close, Leicester, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.