According to the public record, Flat 8, 38, Avenue Road, Leicester is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 38, Avenue Road, Leicester, LE2.
Avenue Road, Leicester, LE2 is located within the LE2 postal district.
Flat 8, 38, Avenue Road, Leicester has 2 entries in the Land Registry database, most recently in December 2018 and a single entry in the EPC database dated October 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 8 38 Avenue Road Leicester as £130,960 and the rental value as £731 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 8 38 Avenue Road Leicester has increased by £747 (0.6%) and its rental value has increased by £20 per month (2.7%).
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, 38, Avenue Road, Leicester is in very good condition we estimate a sale value of £137,508 and rental value of £767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £121,793 and a rental value of £679 per month.
If you were able to purchase this property for the estimated value of £130,960, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £644 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, 38, Avenue Road, Leicester was last sold on 20 Dec 2018 for £96,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2018, the market for similar properties has risen 19.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 38, Avenue Road, Leicester within a radius of 430 metres over the last 2 years.
The most recent example is Flat 18, 4, North Avenue, Leicester, LE2 1TL, a Leasehold flat which sold for £149,000 in May 2024.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Avenue Road, Leicester, LE2 has a total of 118 addresses. According to our analysis of all the public data, Flat 8, 38, Avenue Road, Leicester is the 68th largest and the 98th most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in LE2.
Flat 8, 38, Avenue Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Oct 2019.
The property is not connected to mains gas and has some double glazing. It is heated using electric storage heaters.
The closest station to Flat 8, 38, Avenue Road, Leicester is Leicester station which is 1.9 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, 38, Avenue Road, Leicester, 45.9% of property is privately owned outright and 23.0% is socially 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 8, 38, Avenue Road, Leicester, 12.7% of residents are recorded as possessing school level qualifications and 53.4% 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, 38, Avenue Road, 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 8, 38, Avenue Road, 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 8, 38, Avenue Road, Leicester, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.