According to the public record, 76, Falmouth Road, Leicester is a mid-century leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Falmouth Road, Leicester, LE5 is located within the LE5 postal district.
76, Falmouth Road, Leicester has 31 entries in the Land Registry database, most recently in February 2020 and a single entry in the EPC database dated July 2019.
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 76 Falmouth Road Leicester as £86,096 and the rental value as £548 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 76 Falmouth Road Leicester has increased by £89 (0.1%) and its rental value has increased by £22 per month (4.0%).
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 76, Falmouth Road, Leicester is in very good condition we estimate a sale value of £90,401 and rental value of £576 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £80,069 and a rental value of £510 per month.
If you were able to purchase this property for the estimated value of £86,096, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £423 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 HM Land Registry, 76, Falmouth Road, Leicester was last sold on 21 Feb 2020 for £70,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2020, the market for similar properties has risen 17.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 76, Falmouth Road, Leicester within a radius of 740 metres over the last 2 years.
The most recent example is 86, Falmouth Road, Leicester, LE5 4WH, a Leasehold flat which sold for £65,000 in Dec 2020.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falmouth Road, Leicester, LE5 has a total of 118 addresses. According to our analysis of all the public data, 76, Falmouth Road, Leicester is the 82nd largest and the 48th most expensive property on the street.
When compared to the postcode district it is £189k less expensive than the average property in LE5.
76, Falmouth Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jul 2019.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 76, Falmouth Road, Leicester is Leicester station which is 2.8 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 76, Falmouth Road, Leicester, 56.0% of property is socially rented and 20.8% 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 76, Falmouth Road, Leicester, 18.2% of residents are recorded as possessing school level qualifications and 25.2% 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 76, Falmouth Road, Leicester, the average age was 36 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 76, Falmouth Road, Leicester, 1.2% 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 76, Falmouth Road, Leicester, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.