According to the public record, 87, Gainsborough Road, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,229 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Gainsborough Road, Leicester, LE2 is located within the LE2 postal district.
87, Gainsborough Road, Leicester has a single entry in the Land Registry database from September 2007 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 87 Gainsborough Road Leicester as £338,192 and the rental value as £1,176 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 87 Gainsborough Road Leicester has increased by £1,872 (0.6%) and its rental value has increased by £31 per month (2.6%).
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 87, Gainsborough Road, Leicester is in very good condition we estimate a sale value of £355,102 and rental value of £1,235 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,519 and a rental value of £1,094 per month.
If you were able to purchase this property for the estimated value of £338,192, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,662 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, 87, Gainsborough Road, Leicester was last sold on 28 Sep 2007 for £215,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 65.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 87, Gainsborough Road, Leicester within a radius of 450 metres over the last 2 years.
The most recent example is 52, Stanfell Road, Leicester, LE2 3GA, a Freehold house which sold for £275,000 in Jun 2024.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gainsborough Road, Leicester, LE2 has a total of 102 addresses. According to our analysis of all the public data, 87, Gainsborough Road, Leicester is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in LE2.
The closest station to 87, Gainsborough Road, Leicester is Leicester station which is 2.2 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 87, Gainsborough Road, Leicester, 47.0% of property is privately owned outright and 33.9% 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 87, Gainsborough Road, Leicester, 27.7% of residents are recorded as possessing school level qualifications and 44.7% 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 87, Gainsborough Road, Leicester, the average age was 37 and the most common age was 22.
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 87, Gainsborough Road, Leicester, 0.9% 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 87, Gainsborough 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.