According to the public record, Apartment 58, 18, Wheatsheaf Court, Leicester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 479 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 18, Wheatsheaf Court, Leicester, LE2.
Wheatsheaf Court, Leicester, LE2 is located within the LE2 postal district.
Apartment 58, 18, Wheatsheaf Court, Leicester has 2 entries in the Land Registry database, most recently in November 2022 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 Apartment 58 18 Wheatsheaf Court Leicester as £134,601 and the rental value as £686 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Apartment 58 18 Wheatsheaf Court Leicester has increased by £565 (0.4%) and its rental value has increased by £17 per month (2.5%).
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 58, 18, Wheatsheaf Court, Leicester is in very good condition we estimate a sale value of £141,332 and rental value of £720 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,179 and a rental value of £638 per month.
If you were able to purchase this property for the estimated value of £134,601, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £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, Apartment 58, 18, Wheatsheaf Court, Leicester was last sold on 11 Nov 2022 for £86,250 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2022, the market for similar properties has dropped 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 58, 18, Wheatsheaf Court, Leicester within a radius of 450 metres over the last 2 years.
The most recent example is Apartment 40, 21, Wheatsheaf Court, Leicester, LE2 6EY, a Leasehold flat which sold for £124,000 in Nov 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheatsheaf Court, Leicester, LE2 has a total of 49 addresses. According to our analysis of all the public data, Apartment 58, 18, Wheatsheaf Court, Leicester is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in LE2.
The closest station to Apartment 58, 18, Wheatsheaf Court, 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 Apartment 58, 18, Wheatsheaf Court, Leicester, 40.3% of property is privately rented and 39.5% 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 58, 18, Wheatsheaf Court, Leicester, 34.3% of residents are recorded as possessing school level qualifications and 45.8% 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 58, 18, Wheatsheaf Court, Leicester, the average age was 35.3 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 Apartment 58, 18, Wheatsheaf Court, Leicester, 0.0% 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 58, 18, Wheatsheaf Court, Leicester, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.