According to the public record, First Floor Flat, 338, London Road, Leicester is a period apartment with 1,786 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 338, London Road, Leicester, LE2.
London Road, Leicester, LE2 is located within the LE2 postal district.
First Floor Flat, 338, London Road, Leicester has no records in the Land Registry database and a single entry in the EPC database dated August 2013.
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 First Floor Flat 338 London Road Leicester as £272,284 and the rental value as £1,288 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of First Floor Flat 338 London Road Leicester has increased by £2,134 (0.8%) and its rental value has increased by £38 per month (2.9%).
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 First Floor Flat, 338, London Road, Leicester is in very good condition we estimate a sale value of £285,898 and rental value of £1,353 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,224 and a rental value of £1,198 per month.
If you were able to purchase this property for the estimated value of £272,284, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,338 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 property sales within a 480 metres radius of First Floor Flat, 338, London Road, Leicester over the last 2 years.
The most recent example is 6, Sandown Road, Leicester, LE2 2BJ, a Freehold house which sold for £400,000 in May 2022.
Read more about house prices in LE2.
London Road, Leicester, LE2 has a total of 1129 addresses. According to our analysis of all the public data, First Floor Flat, 338, London Road, Leicester is the 69th largest and the 139th most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in LE2.
First Floor Flat, 338, London Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Aug 2013.
The property is connected to mains gas and has mostly secondary glazing. It is heated using a boiler and radiators.
The closest station to First Floor Flat, 338, London Road, Leicester is Leicester station which is 2.1 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 First Floor Flat, 338, London Road, Leicester, 60.5% of property is privately rented and 21.5% 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 First Floor Flat, 338, London Road, Leicester, 10.9% of residents are recorded as possessing school level qualifications and 49.6% 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 First Floor Flat, 338, London 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 First Floor Flat, 338, London 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 First Floor Flat, 338, London Road, Leicester, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.