According to the public record, 1A, Severn Road, Leicester is a mid-century freehold house with 904 ft2 of internal area and sits on a 579 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Severn Road, Oadby, Leicester, LE2 is located in the borough of Oadby and Wigston within the LE2 postal district.
1A, Severn Road, Leicester has 2 entries in the Land Registry database, most recently in August 2018 and a single entry in the EPC database dated September 2013.
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 1A Severn Road Leicester as £361,374 and the rental value as £1,094 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 1A Severn Road Leicester has increased by £3,501 (1.0%) and its rental value has increased by £36 per month (3.3%).
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 1A, Severn Road, Leicester is in very good condition we estimate a sale value of £379,443 and rental value of £1,149 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £336,078 and a rental value of £1,017 per month.
If you were able to purchase this property for the estimated value of £361,374, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,776 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, 1A, Severn Road, Leicester sits on a plot of 579m2.
We have plot size data on 15 out of 27 other houses in the postcode and 1A, Severn Road, Leicester sits on the largest plot.
According to HM Land Registry, 1A, Severn Road, Leicester was last sold on 08 Aug 2018 for £238,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2018, the market for similar properties has risen 26.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A, Severn Road, Leicester within a radius of 970 metres over the last 2 years.
The most recent example is 29, Severn Road, Leicester, LE2 4FU, a Freehold house which sold for £390,000 in May 2024.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Severn Road, Oadby, Leicester, LE2 has a total of 116 addresses. According to our analysis of all the public data, 1A, Severn Road, Leicester is the 77th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in LE2.
1A, Severn Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Sep 2013.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 1A, Severn Road, Leicester is South Wigston station which is 5.3 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 1A, Severn Road, Leicester, 47.5% of property is privately owned outright and 33.1% 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 1A, Severn Road, Leicester, 19.1% of residents are recorded as possessing school level qualifications and 38.3% 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 1A, Severn Road, 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 1A, Severn Road, Leicester, 0.3% 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 1A, Severn Road, Leicester, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.