According to the public record, Flat 8, 1, Orton Road, Leicester is a modern leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Orton Road, Leicester, LE4.
Orton Road, Leicester, LE4 is located within the LE4 postal district.
Flat 8, 1, Orton Road, Leicester has 2 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated January 2022.
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 8 1 Orton Road Leicester as £92,914 and the rental value as £624 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of Flat 8 1 Orton Road Leicester has increased by £857 (0.9%) and its rental value has increased by £33 per month (5.3%).
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 8, 1, Orton Road, Leicester is in very good condition we estimate a sale value of £97,560 and rental value of £655 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £86,410 and a rental value of £580 per month.
If you were able to purchase this property for the estimated value of £92,914, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £457 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 8, 1, Orton Road, Leicester was last sold on 14 Jul 2023 for £89,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2023, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 1, Orton Road, Leicester within a radius of 600 metres over the last 2 years.
The most recent example is Flat 4, 1, Orton Road, Leicester, LE4 2AT, a Leasehold flat which sold for £97,500 in Dec 2023.
Read more about house prices in LE4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orton Road, Leicester, LE4 has a total of 65 addresses. According to our analysis of all the public data, Flat 8, 1, Orton Road, Leicester is the 64th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in LE4.
Flat 8, 1, Orton Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 8, 1, Orton Road, Leicester is Leicester station which is 3.1 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 8, 1, Orton Road, Leicester, 37.9% of property is privately rented and 33.1% 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 8, 1, Orton Road, Leicester, 24.6% of residents are recorded as possessing school level qualifications and 23.2% 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 8, 1, Orton Road, Leicester, the average age was 34.9 and the most common age was 7.
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 8, 1, Orton Road, Leicester, 0.3% 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 8, 1, Orton Road, Leicester, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.