According to the public record, 8, Margaret Road, Leicester is a period freehold house with 1,033 ft2 of internal area and sits on a 85.2 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Margaret Road, Leicester, LE5 is located within the LE5 postal district.
8, Margaret Road, Leicester has a single entry in the Land Registry database from March 2011 and a single entry in the EPC database dated November 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 Margaret Road Leicester as £241,532 and the rental value as £1,013 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 8 Margaret Road Leicester has increased by £4,364 (1.8%) and its rental value has increased by £57 per month (5.6%).
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, Margaret Road, Leicester is in very good condition we estimate a sale value of £253,609 and rental value of £1,064 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,625 and a rental value of £943 per month.
If you were able to purchase this property for the estimated value of £241,532, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,187 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, Margaret Road, Leicester sits on a plot of 85m2.
We have plot size data on 8 out of 16 other houses in the postcode and 8, Margaret Road, Leicester sits on the 6th largest plot.
According to HM Land Registry, 8, Margaret Road, Leicester was last sold on 25 Mar 2011 for £105,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2011, the market for similar properties has risen 99.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Margaret Road, Leicester within a radius of 490 metres over the last 2 years.
The most recent example is 9, Linden Street, Leicester, LE5 5ED, a Freehold house which sold for £257,500 in Aug 2023.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Margaret Road, Leicester, LE5 has a total of 21 addresses. According to our analysis of all the public data, 8, Margaret Road, Leicester is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in LE5.
8, Margaret Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Nov 2016.
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, Margaret Road, Leicester is Leicester station which is 1.8 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 8, Margaret Road, Leicester, 43.6% of property is privately rented and 28.2% 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, Margaret Road, Leicester, 31.5% of residents are recorded as possessing school level qualifications and 16.7% 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, Margaret Road, Leicester, the average age was 35.4 and the most common age was 17.
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, Margaret 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, Margaret Road, 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.