According to the public record, 8, Regent Road, Leicester is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Regent Road, Countesthorpe, Leicester, LE8 is located in the borough of Blaby within the LE8 postal district.
8, Regent Road, Leicester has a single entry in the Land Registry database from April 2007 and a single entry in the EPC database dated May 2023.
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 Regent Road Leicester as £158,439 and the rental value as £784 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 8 Regent Road Leicester has increased by £1,589 (1.0%) and its rental value has increased by £40 per month (5.1%).
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, Regent Road, Leicester is in very good condition we estimate a sale value of £166,361 and rental value of £824 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,348 and a rental value of £729 per month.
If you were able to purchase this property for the estimated value of £158,439, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £779 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 HM Land Registry, 8, Regent Road, Leicester was last sold on 27 Apr 2007 for £110,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2007, the market for similar properties has risen 30.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Regent Road, Leicester within a radius of 910 metres over the last 2 years.
The most recent example is 9, Regent Road, Leicester, LE8 5RF, a Leasehold flat which sold for £140,000 in Jul 2019.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Regent Road, Countesthorpe, Leicester, LE8 has a total of 12 addresses. According to our analysis of all the public data, 8, Regent Road, Leicester is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in LE8.
8, Regent Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 May 2023.
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, Regent Road, Leicester is South Wigston station which is 2.8 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, Regent Road, Leicester, 48.1% of property is privately owned outright and 33.3% 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, Regent Road, Leicester, 15.7% of residents are recorded as possessing school level qualifications and 28.7% 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, Regent Road, Leicester, the average age was 43.2 and the most common age was 52.
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, Regent Road, Leicester, 1.2% 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, Regent Road, Leicester, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.