According to the public record, Apartment 6, 5, Shipton Road, Leicester is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 5, Shipton Road, Hamilton, Leicester, LE5.
Shipton Road, Hamilton, Leicester, LE5 is located within the LE5 postal district.
Apartment 6, 5, Shipton Road, Leicester has a single entry in the Land Registry database from January 2007 and a single entry in the EPC database dated March 2021.
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 6 5 Shipton Road Leicester as £141,314 and the rental value as £705 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Apartment 6 5 Shipton Road Leicester has increased by £1,037 (0.7%) and its rental value has increased by £35 per month (5.0%).
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 6, 5, Shipton Road, Leicester is in very good condition we estimate a sale value of £148,379 and rental value of £740 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,422 and a rental value of £655 per month.
If you were able to purchase this property for the estimated value of £141,314, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £695 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 6, 5, Shipton Road, Leicester was last sold on 05 Jan 2007 for £116,055 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2007, the market for similar properties has risen 47.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 6, 5, Shipton Road, Leicester within a radius of 580 metres over the last 2 years.
The most recent example is Flat 13, 8, Birkby Close, Leicester, LE5 1PS, a Leasehold flat which sold for £130,000 in Jul 2023.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shipton Road, Hamilton, Leicester, LE5 has a total of 20 addresses. According to our analysis of all the public data, Apartment 6, 5, Shipton Road, Leicester is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in LE5.
Apartment 6, 5, Shipton Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Mar 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Apartment 6, 5, Shipton Road, Leicester is Syston station which is 4.0 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 6, 5, Shipton Road, Leicester, 44.2% of property is privately rented and 32.6% 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 6, 5, Shipton Road, Leicester, 26.8% of residents are recorded as possessing school level qualifications and 38.7% 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 Apartment 6, 5, Shipton Road, Leicester, the average age was 37.5 and the most common age was 27.
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 6, 5, Shipton Road, 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 6, 5, Shipton 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.