According to the public record, 1B Portland Towers, Portland Towers, Leicester is a period apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 1, Portland Towers, Leicester, LE2.
Portland Towers, Leicester, LE2 is located within the LE2 postal district.
1B Portland Towers, Portland Towers, Leicester has no records in the Land Registry database and a single entry in the EPC database dated June 2024.
We combine this information with public data 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 1B Portland Towers Portland Towers Leicester as £175,752 and the rental value as £823 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 1B Portland Towers Portland Towers Leicester has increased by £920 (0.5%) and its rental value has increased by £21 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 1B Portland Towers, Portland Towers, Leicester is in very good condition we estimate a sale value of £184,540 and rental value of £865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,449 and a rental value of £766 per month.
If you were able to purchase this property for the estimated value of £175,752, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £864 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 the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 1B Portland Towers, Portland Towers, Leicester within a radius of 760 metres over the last 2 years.
The most recent example is Flat 6, Wallis Court 119, Knighton Church Road, Leicester, LE2 3JN, a Leasehold flat which sold for £143,000 in Nov 2015.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Portland Towers, Leicester, LE2 has a total of 19 addresses. According to our analysis of all the public data, 1B Portland Towers, Portland Towers, Leicester is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in LE2.
1B Portland Towers, Portland Towers, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Jun 2024.
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 1B Portland Towers, Portland Towers, Leicester is Leicester station which is 3.2 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 1B Portland Towers, Portland Towers, Leicester, 46.2% of property is privately owned outright and 30.8% 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 1B Portland Towers, Portland Towers, Leicester, 20.4% of residents are recorded as possessing school level qualifications and 58.3% 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 1B Portland Towers, Portland Towers, 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 1B Portland Towers, Portland Towers, Leicester, 3.9% 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 1B Portland Towers, Portland Towers, Leicester, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.