According to the public record, 21A, Meadvale Road, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 512 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Meadvale Road, Leicester, LE2 is located within the LE2 postal district.
21A, Meadvale Road, Leicester has a single entry in the Land Registry database from December 2021 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 21A Meadvale Road Leicester as £243,083 and the rental value as £830 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 21A Meadvale Road Leicester has increased by £4,802 (2.0%) and its rental value has increased by £34 per month (4.1%).
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 21A, Meadvale Road, Leicester is in very good condition we estimate a sale value of £255,237 and rental value of £871 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,067 and a rental value of £772 per month.
If you were able to purchase this property for the estimated value of £243,083, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,195 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, 21A, Meadvale Road, Leicester was last sold on 10 Dec 2021 for £125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2021, the market for similar properties has risen 6.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 21A, Meadvale Road, Leicester within a radius of 610 metres over the last 2 years.
The most recent example is 5, Ferndale Road, Leicester, LE2 6GN, a Freehold house which sold for £145,000 in Oct 2022.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meadvale Road, Leicester, LE2 has a total of 114 addresses. According to our analysis of all the public data, 21A, Meadvale Road, Leicester is the 113th largest and the 109th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in LE2.
The closest station to 21A, Meadvale Road, Leicester is South Wigston station which is 2.7 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 21A, Meadvale Road, Leicester, 39.5% of property is privately owned with a mortgage and 38.8% 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 21A, Meadvale Road, Leicester, 22.5% of residents are recorded as possessing school level qualifications and 43.6% 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 21A, Meadvale 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 21A, Meadvale Road, Leicester, 0.7% 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 21A, Meadvale Road, Leicester, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.