According to the public record, Flat 35, Primus Place 56, Leicester is a modern leasehold apartment and with 204 ft2 of internal area.
Apartments of this size in this area are normally studios.
The apartment is in Primus Place, Gateway Street, Leicester, LE2.
Gateway Street, Leicester, LE2 is located within the LE2 postal district.
Flat 35, Primus Place 56, Leicester has a single entry in the Land Registry database from February 2019 and no records in the EPC database.
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 35 Primus Place 56 Leicester as £81,479 and the rental value as £452 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 35 Primus Place 56 Leicester has increased by £285 (0.4%) and its rental value has increased by £16 per month (3.6%).
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 35, Primus Place 56, Leicester is in very good condition we estimate a sale value of £85,552 and rental value of £474 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £75,775 and a rental value of £420 per month.
If you were able to purchase this property for the estimated value of £81,479, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £400 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 35, Primus Place 56, Leicester was last sold on 15 Feb 2019 for £70,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2019, the market for similar properties has risen 21.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 35, Primus Place 56, Leicester within a radius of 0m over the last 2 years.
The most recent example is Flat 138, Primus Place 56, Gateway Street, Leicester, LE2 7NS, a Leasehold flat which sold for £72,000 in Nov 2022.
Read more about house prices in LE2.
Gateway Street, Leicester, LE2 has a total of 154 addresses. According to our analysis of all the public data, Flat 35, Primus Place 56, Leicester is the 110th largest and the 110th most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in LE2.
Flat 35, Primus Place 56, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Sep 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 35, Primus Place 56, Leicester is Leicester station which is 900 m 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 35, Primus Place 56, Leicester, 87.5% of property is socially rented and 9.4% 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 35, Primus Place 56, Leicester, 71.7% of residents are recorded as possessing school level qualifications and 28.6% 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 35, Primus Place 56, Leicester, the average age was 27.6 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 35, Primus Place 56, Leicester, 0.7% 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 35, Primus Place 56, Leicester, there are an average of 0.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.