According to the public record, 8, May Close, Leicester is a modern freehold house with 1,948 ft2 of internal area and sits on a 592 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
May Close, Great Glen, Leicester, LE8 is located in the borough of Harborough within the LE8 postal district.
8, May Close, Leicester has a single entry in the Land Registry database from May 2019 and a single entry in the EPC database dated December 2018.
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 May Close Leicester as £712,051 and the rental value as £2,098 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 8 May Close Leicester has increased by £3,356 (0.5%) and its rental value has increased by £56 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, May Close, Leicester is in very good condition we estimate a sale value of £747,653 and rental value of £2,203 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £662,207 and a rental value of £1,951 per month.
If you were able to purchase this property for the estimated value of £712,051, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,500 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, May Close, Leicester sits on a plot of 592m2.
We have plot size data on 14 out of 14 other houses in the postcode and 8, May Close, Leicester sits on the largest plot.
According to HM Land Registry, 8, May Close, Leicester was last sold on 31 May 2019 for £649,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2019, the market for similar properties has risen 21.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, May Close, Leicester within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 9, May Close, Leicester, LE8 9HJ, a Freehold house which sold for £725,000 in Aug 2022.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
May Close, Great Glen, Leicester, LE8 has a total of 14 addresses. According to our analysis of all the public data, 8, May Close, Leicester is the 6th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £390k more expensive than the average property in LE8.
8, May Close, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Dec 2018.
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, May Close, Leicester is South Wigston station which is 6.3 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, May Close, Leicester, 42.3% of property is privately owned outright and 40.7% 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, May Close, Leicester, 19.6% of residents are recorded as possessing school level qualifications and 54.3% 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, May Close, Leicester, the average age was 42.4 and the most common age was 57.
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, May Close, Leicester, 1.3% 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, May Close, Leicester, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.