According to the public record, Flat 1, Elsalene Court, Leicester is a mid-century leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Elsalene Court, London Road, Leicester, LE2.
London Road, Leicester, LE2 is located within the LE2 postal district.
Flat 1, Elsalene Court, Leicester has 2 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated June 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 Flat 1 Elsalene Court Leicester as £149,759 and the rental value as £814 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 1 Elsalene Court Leicester has increased by £916 (0.6%) and its rental value has increased by £22 per month (2.8%).
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 Flat 1, Elsalene Court, Leicester is in very good condition we estimate a sale value of £157,247 and rental value of £854 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £139,276 and a rental value of £757 per month.
If you were able to purchase this property for the estimated value of £149,759, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £736 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, Flat 1, Elsalene Court, Leicester was last sold on 12 Apr 2022 for £140,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2022, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Elsalene Court, Leicester within a radius of 540 metres over the last 2 years.
The most recent example is Flat 14, Carlton Court 384, London Road, Leicester, LE2 2PN, a Leasehold flat which sold for £145,000 in Feb 2024.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Leicester, LE2 has a total of 1129 addresses. According to our analysis of all the public data, Flat 1, Elsalene Court, Leicester is the 245th largest and the 397th most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in LE2.
Flat 1, Elsalene Court, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Jun 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 1, Elsalene Court, Leicester is Leicester station which is 2.5 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 Flat 1, Elsalene Court, Leicester, 44.3% of property is privately rented and 38.6% 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 Flat 1, Elsalene Court, Leicester, 14.6% of residents are recorded as possessing school level qualifications and 53.8% 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 Flat 1, Elsalene Court, Leicester, the average age was 43 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 Flat 1, Elsalene Court, Leicester, 2.1% 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 Flat 1, Elsalene Court, Leicester, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.