According to the public record, Ravenstone, Leicester is a mid-century freehold house with 1,216 ft2 of internal area and sits on a 688 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Leicester Road, Blaby, Leicester, LE8 is located in the borough of Blaby within the LE8 postal district.
Ravenstone, Leicester has a single entry in the Land Registry database from October 2012 and a single entry in the EPC database dated August 2011.
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 Ravenstone Leicester as £350,583 and the rental value as £1,384 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Ravenstone Leicester has increased by £1,200 (0.3%) and its rental value has increased by £44 per month (3.2%).
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 Ravenstone, Leicester is in very good condition we estimate a sale value of £368,113 and rental value of £1,454 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,043 and a rental value of £1,288 per month.
If you were able to purchase this property for the estimated value of £350,583, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,723 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 data from HM Land Registry, Ravenstone, Leicester sits on a plot of 688m2.
We have plot size data on 11 out of 20 other houses in the postcode and Ravenstone, Leicester sits on the 3rd largest plot.
According to HM Land Registry, Ravenstone, Leicester was last sold on 19 Oct 2012 for £218,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2012, the market for similar properties has risen 68.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Ravenstone, Leicester within a radius of 770 metres over the last 2 years.
The most recent example is 56, West Street, Leicester, LE8 4GY, a Freehold house which sold for £285,000 in May 2021.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Leicester Road, Blaby, Leicester, LE8 has a total of 32 addresses. According to our analysis of all the public data, Ravenstone, Leicester is the 18th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in LE8.
Ravenstone, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Aug 2011.
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 Ravenstone, Leicester is South Wigston 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 Ravenstone, Leicester, 38.7% of property is privately rented and 32.6% 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 Ravenstone, Leicester, 13.6% of residents are recorded as possessing school level qualifications and 32.2% 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 Ravenstone, Leicester, the average age was 43.4 and the most common age was 52.
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 Ravenstone, Leicester, 1.3% 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 Ravenstone, Leicester, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.