According to the public record, Thatched Cottage, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,042 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Church Lane, Leicester, LE2 is located within the LE2 postal district.
Thatched Cottage, Leicester has 31 entries in the Land Registry database, most recently in May 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Thatched Cottage Leicester as £695,505 and the rental value as £1,762 per month giving an expected gross yield of 3%.
Over the last 12 months the sale value of Thatched Cottage Leicester has increased by £3,088 (0.4%) and its rental value has increased by £44 per month (2.5%).
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 Thatched Cottage, Leicester is in very good condition we estimate a sale value of £730,280 and rental value of £1,850 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £646,820 and a rental value of £1,639 per month.
If you were able to purchase this property for the estimated value of £695,505, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,418 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, Thatched Cottage, Leicester was last sold on 26 May 2023 for £610,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2023, the market for similar properties has dropped 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Thatched Cottage, Leicester within a radius of 468m over the last 2 years.
The most recent example is 37, Carisbrooke Gardens, Leicester, LE2 3PR, a Freehold house which sold for £532,500 in May 2021.
Read more about house prices in LE2.
Church Lane, Leicester, LE2 has a total of 11 addresses. According to our analysis of all the public data, Thatched Cottage, Leicester is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £419k more expensive than the average property in LE2.
The closest station to Thatched Cottage, Leicester is Leicester station which is 2.8 km 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 Thatched Cottage, Leicester, 43.4% of property is privately owned outright and 33.8% 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 Thatched Cottage, Leicester, 20.6% of residents are recorded as possessing school level qualifications and 57.3% 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 Thatched Cottage, Leicester, the average age was 35.3 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 Thatched Cottage, Leicester, 1.8% 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 Thatched Cottage, 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.