According to the public record, 8, Gainsford Road, Leicester is a modern freehold house with 1,550 ft2 of internal area and sits on a 277 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Gainsford Road, Leicester, LE5 is located within the LE5 postal district.
8, Gainsford Road, Leicester has a single entry in the Land Registry database from July 2016 and a single entry in the EPC database dated June 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 8 Gainsford Road Leicester as £358,174 and the rental value as £1,228 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 8 Gainsford Road Leicester has decreased by £386 (0.1%) and its rental value has increased by £51 per month (4.1%).
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, Gainsford Road, Leicester is in very good condition we estimate a sale value of £376,083 and rental value of £1,290 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £333,102 and a rental value of £1,142 per month.
If you were able to purchase this property for the estimated value of £358,174, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,760 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, Gainsford Road, Leicester sits on a plot of 277m2.
We have plot size data on 19 out of 22 other houses in the postcode and 8, Gainsford Road, Leicester sits on the 5th largest plot.
According to HM Land Registry, 8, Gainsford Road, Leicester was last sold on 22 Jul 2016 for £320,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2016, the market for similar properties has risen 55.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Gainsford Road, Leicester within a radius of 650 metres over the last 2 years.
The most recent example is 7, Gainsford Road, Leicester, LE5 0BU, a Freehold house which sold for £330,000 in May 2017.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gainsford Road, Leicester, LE5 has a total of 22 addresses. According to our analysis of all the public data, 8, Gainsford Road, Leicester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in LE5.
8, Gainsford Road, Leicester has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 28 Jun 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 8, Gainsford Road, Leicester is Leicester 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, Gainsford Road, Leicester, 29.4% of property is socially rented and 27.7% 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 8, Gainsford Road, Leicester, 27.7% of residents are recorded as possessing school level qualifications and 29.2% 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 8, Gainsford Road, 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 8, Gainsford Road, 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, Gainsford Road, 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.