According to the public record, Flat 3, 38, Sandown Road, Leicester is a period leasehold apartment with 236 ft2 of internal area.
Apartments of this size in this area are normally studios.
The apartment is in 38, Sandown Road, Leicester, LE2.
Sandown Road, Leicester, LE2 is located within the LE2 postal district.
Flat 3, 38, Sandown Road, Leicester has a single entry in the Land Registry database from May 2021 and a single entry in the EPC database dated May 2019.
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 3 38 Sandown Road Leicester as £80,119 and the rental value as £471 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 3 38 Sandown Road Leicester has increased by £313 (0.4%) and its rental value has increased by £12 per month (2.5%).
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 3, 38, Sandown Road, Leicester is in very good condition we estimate a sale value of £84,125 and rental value of £494 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,511 and a rental value of £438 per month.
If you were able to purchase this property for the estimated value of £80,119, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £394 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 3, 38, Sandown Road, Leicester was last sold on 18 May 2021 for £46,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 480 metres radius of Flat 3, 38, Sandown Road, Leicester over the last 2 years.
The most recent example is 42, Sandown Road, Leicester, LE2 2BJ, a Freehold house which sold for £250,000 in Apr 2018.
Read more about house prices in LE2.
Sandown Road, Leicester, LE2 has a total of 79 addresses. According to our analysis of all the public data, Flat 3, 38, Sandown Road, Leicester is the 79th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £197k less expensive than the average property in LE2.
Flat 3, 38, Sandown Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 May 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, dual fuel (mineral and wood).
The closest station to Flat 3, 38, Sandown 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 Flat 3, 38, Sandown 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 Flat 3, 38, Sandown 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 Flat 3, 38, Sandown 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 Flat 3, 38, Sandown 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 Flat 3, 38, Sandown 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.