According to the public record, 8, Woodbank Road, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,032 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Woodbank Road, Leicester, LE2 is located within the LE2 postal district.
8, Woodbank Road, Leicester has a single entry in the Land Registry database from August 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Woodbank Road Leicester as £312,692 and the rental value as £1,089 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 8 Woodbank Road Leicester has increased by £3,617 (1.2%) and its rental value has increased by £35 per month (3.2%).
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, Woodbank Road, Leicester is in very good condition we estimate a sale value of £328,327 and rental value of £1,144 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £290,804 and a rental value of £1,013 per month.
If you were able to purchase this property for the estimated value of £312,692, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,537 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, Woodbank Road, Leicester was last sold on 01 Aug 2008 for £187,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2008, the market for similar properties has risen 83.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Woodbank Road, Leicester within a radius of 690 metres over the last 2 years.
The most recent example is 6, Kingsmead Close, Leicester, LE2 3YR, a Freehold house which sold for £300,000 in Jan 2024.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodbank Road, Leicester, LE2 has a total of 29 addresses. According to our analysis of all the public data, 8, Woodbank Road, Leicester is the 20th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £36k more expensive than the average property in LE2.
The closest station to 8, Woodbank Road, Leicester is South Wigston station which is 2.5 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, Woodbank Road, Leicester, 41.2% of property is privately owned outright and 38.7% 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, Woodbank Road, Leicester, 24.2% of residents are recorded as possessing school level qualifications and 39.4% 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, Woodbank Road, Leicester, the average age was 43 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, Woodbank 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, Woodbank 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.