According to the public record, 86, Falmouth Road, Leicester is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Falmouth Road, Leicester, LE5 is located within the LE5 postal district.
86, Falmouth Road, Leicester has 2 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated November 2015.
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 86 Falmouth Road Leicester as £87,852 and the rental value as £557 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 86 Falmouth Road Leicester has increased by £91 (0.1%) and its rental value has increased by £22 per month (4.0%).
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 86, Falmouth Road, Leicester is in very good condition we estimate a sale value of £92,244 and rental value of £585 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £81,702 and a rental value of £518 per month.
If you were able to purchase this property for the estimated value of £87,852, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £432 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, 86, Falmouth Road, Leicester was last sold on 22 Dec 2020 for £65,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 86, Falmouth Road, Leicester within a radius of 720 metres over the last 2 years.
The most recent example is 26, Carrick Point, Falmouth Road, Leicester, LE5 4WN, a Leasehold flat which sold for £48,000 in Jun 2022.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falmouth Road, Leicester, LE5 has a total of 118 addresses. According to our analysis of all the public data, 86, Falmouth Road, Leicester is the 65th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £187k less expensive than the average property in LE5.
86, Falmouth Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Nov 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 86, Falmouth Road, Leicester is Leicester 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 86, Falmouth Road, Leicester, 56.0% of property is socially rented and 20.8% is privately owned outright.
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 86, Falmouth Road, Leicester, 18.2% of residents are recorded as possessing school level qualifications and 25.2% 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 86, Falmouth Road, Leicester, the average age was 36 and the most common age was 12.
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 86, Falmouth 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 86, Falmouth Road, Leicester, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.