According to the public record, 8, Bute Way, Leicester is a mid-century freehold house with 882 ft2 of internal area and sits on a 296 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bute Way, Countesthorpe, Leicester, LE8 is located in the borough of Blaby within the LE8 postal district.
8, Bute Way, Leicester has 2 entries in the Land Registry database, most recently in April 2013 and a single entry in the EPC database dated May 2014.
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 Bute Way Leicester as £251,461 and the rental value as £1,171 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 8 Bute Way Leicester has increased by £2,482 (1.0%) and its rental value has increased by £59 per month (5.1%).
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, Bute Way, Leicester is in very good condition we estimate a sale value of £264,034 and rental value of £1,229 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,859 and a rental value of £1,089 per month.
If you were able to purchase this property for the estimated value of £251,461, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,236 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, 8, Bute Way, Leicester sits on a plot of 296m2.
We have plot size data on 8 out of 12 other houses in the postcode and 8, Bute Way, Leicester sits on the 4th largest plot.
According to HM Land Registry, 8, Bute Way, Leicester was last sold on 26 Apr 2013 for £157,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2013, the market for similar properties has risen 71.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Bute Way, Leicester within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 140, Rosebank Road, Leicester, LE8 5QY, a Freehold house which sold for £320,000 in Oct 2022.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bute Way, Countesthorpe, Leicester, LE8 has a total of 12 addresses. According to our analysis of all the public data, 8, Bute Way, Leicester is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in LE8.
8, Bute Way, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 May 2014.
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, Bute Way, Leicester is South Wigston station which is 3.2 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 8, Bute Way, Leicester, 52.5% of property is privately owned outright and 35.6% 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, Bute Way, Leicester, 16.8% of residents are recorded as possessing school level qualifications and 26.4% 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, Bute Way, Leicester, the average age was 43.2 and the most common age was 52.
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, Bute Way, Leicester, 0.7% 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, Bute Way, Leicester, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.