According to the public record, 8, Barratt Close, Leicester is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Barratt Close, Leicester, LE2 is located within the LE2 postal district.
8, Barratt Close, Leicester has 21 entries in the Land Registry database, most recently in February 2017 and a single entry in the EPC database dated October 2022.
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 8 Barratt Close Leicester as £94,114 and the rental value as £575 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 8 Barratt Close Leicester has increased by £537 (0.6%) and its rental value has increased by £16 per month (2.7%).
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 8, Barratt Close, Leicester is in very good condition we estimate a sale value of £98,820 and rental value of £604 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £87,526 and a rental value of £535 per month.
If you were able to purchase this property for the estimated value of £94,114, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £463 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, 8, Barratt Close, Leicester was last sold on 24 Feb 2017 for £89,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2017, the market for similar properties has risen 29.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Barratt Close, Leicester within a radius of 490 metres over the last 2 years.
The most recent example is Flat 3, Malvern Court, Malvern Road, Leicester, LE2 2BQ, a Leasehold flat which sold for £107,500 in Mar 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Barratt Close, Leicester, LE2 has a total of 8 addresses. According to our analysis of all the public data, 8, Barratt Close, Leicester is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in LE2.
8, Barratt Close, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Oct 2022.
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 8, Barratt Close, Leicester is Leicester station which is 2.0 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 8, Barratt Close, Leicester, 60.5% of property is privately rented and 21.5% 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 8, Barratt Close, Leicester, 10.9% of residents are recorded as possessing school level qualifications and 49.6% 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 8, Barratt Close, Leicester, the average age was 37 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 8, Barratt 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 8, Barratt Close, Leicester, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.