According to the public record, Apartment 18, Orchard Mews, Leicester is a modern leasehold apartment with 1,087 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Orchard Mews, Sycamore Street, Blaby, Leicester, LE8.
Sycamore Street, Blaby, Leicester, LE8 is located in the borough of Blaby within the LE8 postal district.
Apartment 18, Orchard Mews, Leicester has 3 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated August 2020.
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 Apartment 18 Orchard Mews Leicester as £175,300 and the rental value as £867 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Apartment 18 Orchard Mews Leicester has increased by £1,953 (1.1%) and its rental value has increased by £35 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 Apartment 18, Orchard Mews, Leicester is in very good condition we estimate a sale value of £184,065 and rental value of £910 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,029 and a rental value of £806 per month.
If you were able to purchase this property for the estimated value of £175,300, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £862 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, Apartment 18, Orchard Mews, Leicester was last sold on 19 Feb 2021 for £132,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2021, the market for similar properties has risen 7.4%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 800 metres radius of Apartment 18, Orchard Mews, Leicester over the last 2 years.
The most recent example is Apartment 4, Orchard Mews, Sycamore Street, Leicester, LE8 4HW, a Leasehold flat which sold for £148,750 in Sep 2022.
Read more about house prices in LE8.
Sycamore Street, Blaby, Leicester, LE8 has a total of 78 addresses. According to our analysis of all the public data, Apartment 18, Orchard Mews, Leicester is the 6th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in LE8.
Apartment 18, Orchard Mews, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 18, Orchard Mews, Leicester is South Wigston station which is 2.0 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 Apartment 18, Orchard Mews, Leicester, 35.6% of property is socially rented and 21.9% 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 Apartment 18, Orchard Mews, Leicester, 11.2% of residents are recorded as possessing school level qualifications and 21.3% 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 Apartment 18, Orchard Mews, Leicester, the average age was 43.4 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 Apartment 18, Orchard Mews, Leicester, 1.5% 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 Apartment 18, Orchard Mews, Leicester, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.