According to the public record, 8, Newlyn Parade, Leicester is a mid-century freehold house with 839 ft2 of internal area and sits on a 214 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Newlyn Parade, Leicester, LE5 is located within the LE5 postal district.
8, Newlyn Parade, Leicester has 31 entries in the Land Registry database, most recently in November 2017 and a single entry in the EPC database dated July 2017.
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 Newlyn Parade Leicester as £227,000 and the rental value as £993 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 8 Newlyn Parade Leicester has increased by £3,493 (1.5%) and its rental value has increased by £58 per month (5.8%).
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, Newlyn Parade, Leicester is in very good condition we estimate a sale value of £238,350 and rental value of £1,043 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,110 and a rental value of £924 per month.
If you were able to purchase this property for the estimated value of £227,000, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,116 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, Newlyn Parade, Leicester sits on a plot of 214m2.
We have plot size data on 6 out of 8 other houses in the postcode and 8, Newlyn Parade, Leicester sits on the 6th largest plot.
According to HM Land Registry, 8, Newlyn Parade, Leicester was last sold on 03 Nov 2017 for £165,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2017, the market for similar properties has risen 44.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Newlyn Parade, Leicester within a radius of 570 metres over the last 2 years.
The most recent example is 17, Keyham Lane West, Leicester, LE5 1RS, a Freehold house which sold for £205,000 in Sep 2023.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newlyn Parade, Leicester, LE5 has a total of 8 addresses. According to our analysis of all the public data, 8, Newlyn Parade, Leicester is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in LE5.
8, Newlyn Parade, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jul 2017.
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, Newlyn Parade, Leicester is Leicester station which is 5.0 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, Newlyn Parade, Leicester, 34.9% of property is socially rented and 27.9% 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, Newlyn Parade, Leicester, 27.8% of residents are recorded as possessing school level qualifications and 19.4% 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, Newlyn Parade, Leicester, the average age was 36.2 and the most common age was 7.
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, Newlyn Parade, Leicester, 0.3% 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, Newlyn Parade, Leicester, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.