According to the public record, The Laurels, Leicester is a modern freehold house with 2,292 ft2 of internal area and sits on a 1,114 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Lutterworth Road, Arnesby, Leicester, LE8 is located in the borough of Harborough within the LE8 postal district.
The Laurels, Leicester has a single entry in the Land Registry database from March 2022 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 The Laurels Leicester as £559,780 and the rental value as £1,870 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of The Laurels Leicester has decreased by £658 (0.1%) and its rental value has increased by £62 per month (3.3%).
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 The Laurels, Leicester is in very good condition we estimate a sale value of £587,769 and rental value of £1,964 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £520,595 and a rental value of £1,739 per month.
If you were able to purchase this property for the estimated value of £559,780, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,751 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, The Laurels, Leicester sits on a plot of 1114m2.
We have plot size data on 15 out of 32 other houses in the postcode and The Laurels, Leicester sits on the 7th largest plot.
According to HM Land Registry, The Laurels, Leicester was last sold on 28 Mar 2022 for £650,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Laurels, Leicester within a radius of 3.4 kilometres over the last 2 years.
The most recent example is Gable End, Mill Hill Road, Leicester, LE8 5WG, a Freehold house which sold for £430,000 in Dec 2023.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lutterworth Road, Arnesby, Leicester, LE8 has a total of 32 addresses. According to our analysis of all the public data, The Laurels, Leicester is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £238k more expensive than the average property in LE8.
The Laurels, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 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 The Laurels, Leicester is South Wigston station which is 6.8 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 The Laurels, Leicester, 52.5% of property is privately owned outright and 35.0% 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 The Laurels, Leicester, 13.0% of residents are recorded as possessing school level qualifications and 39.1% 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 The Laurels, Leicester, the average age was 45.2 and the most common age was 57.
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 The Laurels, Leicester, 1.4% 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 The Laurels, Leicester, there are an average of 2.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.