According to the public record, 8, Newpool Bank, Leicester is a modern freehold house with 1,367 ft2 of internal area and sits on a 403 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Newpool Bank, Oadby, Leicester, LE2 is located in the borough of Oadby and Wigston within the LE2 postal district.
8, Newpool Bank, Leicester has a single entry in the Land Registry database from January 2017 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 Newpool Bank Leicester as £517,399 and the rental value as £1,330 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 8 Newpool Bank Leicester has increased by £2,781 (0.5%) and its rental value has increased by £33 per month (2.5%).
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, Newpool Bank, Leicester is in very good condition we estimate a sale value of £543,269 and rental value of £1,396 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £481,181 and a rental value of £1,237 per month.
If you were able to purchase this property for the estimated value of £517,399, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,543 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, Newpool Bank, Leicester sits on a plot of 403m2.
We have plot size data on 7 out of 11 other houses in the postcode and 8, Newpool Bank, Leicester sits on the 2nd largest plot.
According to HM Land Registry, 8, Newpool Bank, Leicester was last sold on 17 Jan 2017 for £372,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2017, the market for similar properties has risen 37.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Newpool Bank, Leicester within a radius of 840 metres over the last 2 years.
The most recent example is 21, Hill Field, Leicester, LE2 4RW, a Freehold house which sold for £608,000 in Aug 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newpool Bank, Oadby, Leicester, LE2 has a total of 11 addresses. According to our analysis of all the public data, 8, Newpool Bank, Leicester is the 8th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £241k more expensive than the average property in LE2.
8, Newpool Bank, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jun 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, Newpool Bank, Leicester is South Wigston station which is 5.4 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, Newpool Bank, Leicester, 46.5% of property is privately owned outright and 43.9% 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, Newpool Bank, Leicester, 23.6% of residents are recorded as possessing school level qualifications and 50.7% 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, Newpool Bank, Leicester, the average age was 41 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, Newpool Bank, Leicester, 0.5% 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, Newpool Bank, Leicester, there are an average of 2.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.