According to the public record, Flat 2, 8, Birkby Close, Leicester is a modern leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in 8, Birkby Close, Hamilton, Leicester, LE5.
Birkby Close, Hamilton, Leicester, LE5 is located within the LE5 postal district.
Flat 2, 8, Birkby Close, Leicester has a single entry in the Land Registry database from November 2007 and a single entry in the EPC database dated October 2020.
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 2 8 Birkby Close Leicester as £111,892 and the rental value as £609 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 2 8 Birkby Close Leicester has decreased by £15 (0.0%) and its rental value has increased by £25 per month (4.2%).
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 2, 8, Birkby Close, Leicester is in very good condition we estimate a sale value of £117,486 and rental value of £639 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £104,059 and a rental value of £566 per month.
If you were able to purchase this property for the estimated value of £111,892, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £550 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 2, 8, Birkby Close, Leicester was last sold on 21 Nov 2007 for £96,680 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2007, the market for similar properties has risen 42.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 8, Birkby Close, Leicester within a radius of 520 metres over the last 2 years.
The most recent example is Apartment 1, 204, Sandhills Avenue, Leicester, LE5 1PL, a Leasehold flat which sold for £100,000 in Oct 2022.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Birkby Close, Hamilton, Leicester, LE5 has a total of 89 addresses. According to our analysis of all the public data, Flat 2, 8, Birkby Close, Leicester is the 86th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in LE5.
Flat 2, 8, Birkby Close, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Oct 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 2, 8, Birkby Close, Leicester is Syston station which is 4.0 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 2, 8, Birkby Close, Leicester, 57.8% of property is privately rented and 25.0% 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 Flat 2, 8, Birkby Close, Leicester, 25.9% of residents are recorded as possessing school level qualifications and 40.4% 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 2, 8, Birkby Close, Leicester, the average age was 37.5 and the most common age was 27.
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 2, 8, Birkby Close, 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 Flat 2, 8, Birkby Close, Leicester, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.