According to the public record, Elder House, Leicester is a period freehold house with 1,151 ft2 of internal area and sits on a 125 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Orchard Street, Fleckney, Leicester, LE8 is located in the borough of Harborough within the LE8 postal district.
Elder House, Leicester has a single entry in the Land Registry database from November 2021 and a single entry in the EPC database dated May 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 Elder House Leicester as £299,182 and the rental value as £1,304 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Elder House Leicester has increased by £2,083 (0.7%) and its rental value has increased by £43 per month (3.3%).
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 Elder House, Leicester is in very good condition we estimate a sale value of £314,141 and rental value of £1,369 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,239 and a rental value of £1,212 per month.
If you were able to purchase this property for the estimated value of £299,182, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,470 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 data from HM Land Registry, Elder House, Leicester sits on a plot of 125m2.
We have plot size data on 28 out of 39 other houses in the postcode and Elder House, Leicester sits on the 21st largest plot.
According to HM Land Registry, Elder House, Leicester was last sold on 26 Nov 2021 for £260,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has risen 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Elder House, Leicester within a radius of 860 metres over the last 2 years.
The most recent example is 39A, Saddington Road, Leicester, LE8 8AX, a Freehold house which sold for £280,000 in Dec 2022.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchard Street, Fleckney, Leicester, LE8 has a total of 56 addresses. According to our analysis of all the public data, Elder House, Leicester is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in LE8.
Elder House, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Elder House, Leicester is South Wigston station which is 8.1 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 Elder House, Leicester, 40.0% of property is privately owned outright and 40.0% 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 Elder House, Leicester, 16.9% of residents are recorded as possessing school level qualifications and 28.8% 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 Elder House, Leicester, the average age was 43.8 and the most common age was 57.
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 Elder House, 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 Elder House, 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.