According to the public record, Flat 4, 216, Victoria Road East, Leicester is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 216, Victoria Road East, Leicester, LE5.
Victoria Road East, Leicester, LE5 is located within the LE5 postal district.
Flat 4, 216, Victoria Road East, Leicester has 21 entries in the Land Registry database, most recently in October 2019 and a single entry in the EPC database dated June 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 4 216 Victoria Road East Leicester as £75,266 and the rental value as £472 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat 4 216 Victoria Road East Leicester has increased by £36 (0.0%) and its rental value has increased by £20 per month (4.3%).
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 4, 216, Victoria Road East, Leicester is in very good condition we estimate a sale value of £79,029 and rental value of £496 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £69,997 and a rental value of £439 per month.
If you were able to purchase this property for the estimated value of £75,266, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £370 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 4, 216, Victoria Road East, Leicester was last sold on 31 Oct 2019 for £63,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2019, the market for similar properties has risen 20.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 216, Victoria Road East, Leicester within a radius of 500 metres over the last 2 years.
The most recent example is Flat 2, 218, Victoria Road East, Leicester, LE5 0LF, a Leasehold flat which sold for £82,000 in Feb 2024.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Road East, Leicester, LE5 has a total of 102 addresses. According to our analysis of all the public data, Flat 4, 216, Victoria Road East, Leicester is the 96th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £199k less expensive than the average property in LE5.
Flat 4, 216, Victoria Road East, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jun 2019.
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 4, 216, Victoria Road East, Leicester is Leicester station which is 2.7 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 4, 216, Victoria Road East, Leicester, 39.1% of property is socially rented and 25.3% 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 4, 216, Victoria Road East, Leicester, 28.9% of residents are recorded as possessing school level qualifications and 19.3% 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 4, 216, Victoria Road East, Leicester, the average age was 32.7 and the most common age was 17.
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 4, 216, Victoria Road East, 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 4, 216, Victoria Road East, Leicester, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.