According to the public record, Flat 4, Fairfax Court, Leicester is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Fairfax Court, Main Street, Great Glen, Leicester, LE8.
Main Street, Great Glen, Leicester, LE8 is located in the borough of Harborough within the LE8 postal district.
Flat 4, Fairfax Court, Leicester has 2 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated December 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 4 Fairfax Court Leicester as £135,895 and the rental value as £773 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 4 Fairfax Court Leicester has increased by £2,183 (1.6%) and its rental value has increased by £30 per month (3.8%).
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 4, Fairfax Court, Leicester is in very good condition we estimate a sale value of £142,690 and rental value of £812 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,383 and a rental value of £719 per month.
If you were able to purchase this property for the estimated value of £135,895, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £668 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, Fairfax Court, Leicester was last sold on 20 May 2022 for £135,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2022, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Fairfax Court, Leicester within a radius of 1.7 kilometres over the last 2 years.
The most recent example is Flat 5, Fairfax Court, Main Street, Leicester, LE8 9GH, a Leasehold flat which sold for £135,000 in Jul 2020.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Main Street, Great Glen, Leicester, LE8 has a total of 58 addresses. According to our analysis of all the public data, Flat 4, Fairfax Court, Leicester is the 41st largest and the 55th most expensive property on the street.
When compared to the postcode district it is £186k less expensive than the average property in LE8.
Flat 4, Fairfax Court, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Warm air, Electricaire.
The closest station to Flat 4, Fairfax Court, Leicester is South Wigston station which is 6.8 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, Fairfax Court, Leicester, 43.4% of property is privately owned outright and 32.4% 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, Fairfax Court, Leicester, 19.9% of residents are recorded as possessing school level qualifications and 35.6% 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 4, Fairfax Court, Leicester, the average age was 42.4 and the most common age was 57.
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, Fairfax Court, Leicester, 1.6% 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, Fairfax Court, Leicester, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.