According to the public record, 120B, Colchester Road, Leicester is a modern apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 120, Colchester Road, Leicester, LE5.
Colchester Road, Leicester, LE5 is located within the LE5 postal district.
120B, Colchester Road, Leicester has no records in the Land Registry database and a single entry in the EPC database dated October 2017.
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 120B Colchester Road Leicester as £135,312 and the rental value as £713 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 120B Colchester Road Leicester has increased by £874 (0.6%) 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 120B, Colchester Road, Leicester is in very good condition we estimate a sale value of £142,078 and rental value of £749 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,840 and a rental value of £663 per month.
If you were able to purchase this property for the estimated value of £135,312, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £665 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 3 sales of properties similar to 120B, Colchester Road, Leicester within a radius of 570 metres over the last 2 years.
The most recent example is 5, Hotoft Road, Leicester, LE5 1EF, a Leasehold flat which sold for £89,500 in Nov 2023.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colchester Road, Leicester, LE5 has a total of 144 addresses. According to our analysis of all the public data, 120B, Colchester Road, Leicester is the 130th largest and the 133rd most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in LE5.
120B, Colchester Road, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Oct 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 120B, Colchester Road, Leicester is Leicester station which is 3.7 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 120B, Colchester Road, Leicester, 41.4% of property is privately owned with a mortgage and 39.7% 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 120B, Colchester Road, Leicester, 27.3% of residents are recorded as possessing school level qualifications and 27.7% 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 120B, Colchester Road, Leicester, the average age was 37.8 and the most common age was 37.
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 120B, Colchester 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 120B, Colchester Road, Leicester, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.