According to the public record, Flat 3, The Rowans 290, Leicester is a modern leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Rowans, London Road, Leicester, LE2.
London Road, Leicester, LE2 is located within the LE2 postal district.
Flat 3, The Rowans 290, Leicester has a single entry in the Land Registry database from February 2008 and a single entry in the EPC database dated October 2018.
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 The Rowans 290 Leicester as £188,368 and the rental value as £871 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 3 The Rowans 290 Leicester has increased by £950 (0.5%) and its rental value has increased by £25 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 3, The Rowans 290, Leicester is in very good condition we estimate a sale value of £197,787 and rental value of £915 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,183 and a rental value of £810 per month.
If you were able to purchase this property for the estimated value of £188,368, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £926 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, The Rowans 290, Leicester was last sold on 21 Feb 2008 for £179,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2008, the market for similar properties has risen 40.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, The Rowans 290, Leicester within a radius of 460 metres over the last 2 years.
The most recent example is Flat 34, Knighton Court, Knighton Park Road, Leicester, LE2 1ZB, a Leasehold flat which sold for £168,000 in Apr 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 3, The Rowans 290, Leicester is the 312th largest and the 234th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in LE2.
Flat 3, The Rowans 290, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Oct 2018.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 3, The Rowans 290, Leicester is Leicester station which is 1.7 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, The Rowans 290, Leicester, 48.4% of property is privately owned outright and 23.4% is privately rented.
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, The Rowans 290, Leicester, 19.5% of residents are recorded as possessing school level qualifications and 62.8% 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 3, The Rowans 290, 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, The Rowans 290, Leicester, 1.0% 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, The Rowans 290, 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.