According to the public record, Ground Floor Flat, 338, London Road, Leicester is a period apartment with 1,539 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 338, London Road, Leicester, LE2.
London Road, Leicester, LE2 is located within the LE2 postal district.
Ground Floor Flat, 338, London Road, Leicester has no records in the Land Registry database and a single entry in the EPC database dated October 2008.
We combine this information with public data 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 Ground Floor Flat 338 London Road Leicester as £267,170 and the rental value as £1,264 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Ground Floor Flat 338 London Road Leicester has increased by £1,318 (0.5%) and its rental value has increased by £33 per month (2.6%).
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 Ground Floor Flat, 338, London Road, Leicester is in very good condition we estimate a sale value of £280,528 and rental value of £1,327 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,468 and a rental value of £1,176 per month.
If you were able to purchase this property for the estimated value of £267,170, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,313 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Ground Floor Flat, 338, London Road, Leicester within a radius of 480 metres over the last 2 years.
The most recent example is Flat 7, Stoneleigh Manor 30, Stoneygate Road, Leicester, LE2 2AD, a Leasehold flat which sold for £200,000 in Jun 2022.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, Leicester, LE2 has a total of 1129 addresses. According to our analysis of all the public data, Ground Floor Flat, 338, London Road, Leicester is the 97th largest and the 141st most expensive property on the street.
When compared to the postcode district it is £10k less expensive than the average property in LE2.
Ground Floor Flat, 338, London Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Oct 2008.
The property is connected to mains gas and has multiple glazing throughout. It is heated using a boiler and radiators.
The closest station to Ground Floor Flat, 338, London Road, Leicester is Leicester station which is 2.1 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 Ground Floor Flat, 338, London Road, Leicester, 60.5% of property is privately rented and 21.5% 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 Ground Floor Flat, 338, London Road, Leicester, 10.9% of residents are recorded as possessing school level qualifications and 49.6% 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 Ground Floor Flat, 338, London 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 Ground Floor Flat, 338, London Road, 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 Ground Floor Flat, 338, London Road, 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.