According to the public record, 717, Welford Road, Leicester is a period freehold house with 1,980 ft2 of internal area and sits on a 1,297 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Welford Road, Leicester, LE2 is located within the LE2 postal district.
717, Welford Road, Leicester has a single entry in the Land Registry database from December 2014 and a single entry in the EPC database dated July 2009.
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 717 Welford Road Leicester as £488,350 and the rental value as £1,471 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 717 Welford Road Leicester has increased by £2,236 (0.5%) and its rental value has increased by £36 per month (2.5%).
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 717, Welford Road, Leicester is in very good condition we estimate a sale value of £512,767 and rental value of £1,545 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £454,165 and a rental value of £1,368 per month.
If you were able to purchase this property for the estimated value of £488,350, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,400 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, 717, Welford Road, Leicester sits on a plot of 1297m2.
We have plot size data on 17 out of 25 other houses in the postcode and 717, Welford Road, Leicester sits on the largest plot.
According to HM Land Registry, 717, Welford Road, Leicester was last sold on 10 Dec 2014 for £519,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2014, the market for similar properties has risen 52.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 717, Welford Road, Leicester within a radius of 610 metres over the last 2 years.
The most recent example is 24, Woodbank Road, Leicester, LE2 3YQ, a Freehold house which sold for £390,000 in Apr 2021.
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, 717, Welford Road, Leicester is the 22nd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £211k more expensive than the average property in LE2.
717, Welford Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jul 2009.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 717, Welford Road, Leicester is South Wigston station which is 2.2 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 717, Welford Road, Leicester, 48.5% of property is privately owned with a mortgage and 36.4% 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 717, Welford Road, Leicester, 22.5% of residents are recorded as possessing school level qualifications and 48.3% 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 717, Welford Road, Leicester, the average age was 35.3 and the most common age was 22.
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 717, Welford Road, Leicester, 2.3% 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 717, Welford Road, Leicester, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.