According to the public record, 2B, Cross Road, Leicester is a period leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 2, Cross Road, Leicester, LE2.
Cross Road, Leicester, LE2 is located within the LE2 postal district.
2B, Cross Road, Leicester has a single entry in the Land Registry database from March 2016 and a single entry in the EPC database dated January 2017.
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 2B Cross Road Leicester as £121,925 and the rental value as £653 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 2B Cross Road Leicester has increased by £664 (0.5%) and its rental value has increased by £17 per month (2.7%).
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 2B, Cross Road, Leicester is in very good condition we estimate a sale value of £128,021 and rental value of £686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,390 and a rental value of £607 per month.
If you were able to purchase this property for the estimated value of £121,925, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £599 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, 2B, Cross Road, Leicester was last sold on 08 Mar 2016 for £78,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has risen 33.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2B, Cross Road, Leicester within a radius of 400 metres over the last 2 years.
The most recent example is 58C , Clarendon Park Road, Leicester, LE2 3AD, a Leasehold flat which sold for £135,500 in Jul 2022.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cross Road, Leicester, LE2 has a total of 22 addresses. According to our analysis of all the public data, 2B, Cross Road, Leicester is the 15th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in LE2.
2B, Cross Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jan 2017.
The property is connected to mains gas and has mostly secondary glazing. It is heated using a boiler and radiators.
The closest station to 2B, Cross Road, Leicester is Leicester station which is 1.7 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 2B, Cross Road, Leicester, 55.5% of property is privately rented and 22.6% 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 2B, Cross Road, Leicester, 25.9% of residents are recorded as possessing school level qualifications and 58.5% 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 2B, Cross Road, Leicester, the average age was 37 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 2B, Cross Road, Leicester, 1.0% 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 2B, Cross Road, 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.