According to the public record, Flat 5, The Laurels 26, Leicester is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in The Laurels, Knighton Park Road, Leicester, LE2.
Knighton Park Road, Leicester, LE2 is located within the LE2 postal district.
Flat 5, The Laurels 26, Leicester has 31 entries in the Land Registry database, most recently in November 2016 and a single entry in the EPC database dated March 2013.
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 5 The Laurels 26 Leicester as £154,381 and the rental value as £663 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 5 The Laurels 26 Leicester has increased by £584 (0.4%) and its rental value has increased by £18 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 5, The Laurels 26, Leicester is in very good condition we estimate a sale value of £162,100 and rental value of £697 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,574 and a rental value of £617 per month.
If you were able to purchase this property for the estimated value of £154,381, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £759 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 5, The Laurels 26, Leicester was last sold on 21 Nov 2016 for £215,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2016, the market for similar properties has risen 32.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, The Laurels 26, Leicester within a radius of 480 metres over the last 2 years.
The most recent example is Flat 17, Knighton Court, Knighton Park Road, Leicester, LE2 1ZB, a Leasehold flat which sold for £136,000 in Jan 2022.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Knighton Park Road, Leicester, LE2 has a total of 169 addresses. According to our analysis of all the public data, Flat 5, The Laurels 26, Leicester is the 159th largest and the 149th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in LE2.
Flat 5, The Laurels 26, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 5, The Laurels 26, Leicester is Leicester station which is 1.4 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 5, The Laurels 26, Leicester, 55.1% of property is privately rented and 34.7% is privately owned outright.
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 5, The Laurels 26, Leicester, 18.2% of residents are recorded as possessing school level qualifications and 65.6% 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 5, The Laurels 26, 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 5, The Laurels 26, Leicester, 3.0% 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 5, The Laurels 26, 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.