According to the public record, 81B, Grove Road, Leicester is a early-century freehold house with 2,389 ft2 of internal area.
Houses of this size in this area normally have 5 bedrooms with a garden.
Grove Road, Blaby, Leicester, LE8 is located in the borough of Blaby within the LE8 postal district.
81B, Grove Road, Leicester has a single entry in the Land Registry database from January 2024 and a single entry in the EPC database dated November 2023.
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 81B Grove Road Leicester as £599,693 and the rental value as £1,897 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 81B Grove Road Leicester has decreased by £888 (0.1%) and its rental value has increased by £59 per month (3.1%).
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 81B, Grove Road, Leicester is in very good condition we estimate a sale value of £629,677 and rental value of £1,991 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £557,714 and a rental value of £1,764 per month.
If you were able to purchase this property for the estimated value of £599,693, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,947 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, 81B, Grove Road, Leicester was last sold on 17 Jan 2024 for £675,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2024, the market for similar properties has dropped 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 570 metres radius of 81B, Grove Road, Leicester over the last 2 years.
The most recent example is 107, Grove Road, Leicester, LE8 4DH, a Freehold house which sold for £260,000 in Mar 2021.
Read more about house prices in LE8.
Grove Road, Blaby, Leicester, LE8 has a total of 88 addresses. According to our analysis of all the public data, 81B, Grove Road, Leicester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £278k more expensive than the average property in LE8.
81B, Grove Road, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Nov 2023.
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 81B, Grove Road, Leicester is Narborough station which is 2.3 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 81B, Grove Road, Leicester, 45.4% of property is privately owned outright and 34.7% 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 81B, Grove Road, Leicester, 17.4% of residents are recorded as possessing school level qualifications and 27.5% 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 81B, Grove Road, Leicester, the average age was 43.4 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 81B, Grove 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 81B, Grove 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.