According to the public record, The Mead, Leicester is a mid-century freehold house with 1,711 ft2 of internal area and sits on a 480 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Hallaton Road, Tugby, Leicester, LE7 is located in the borough of Harborough within the LE7 postal district.
The Mead, Leicester has 41 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated April 2015.
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 Mead Leicester as £469,258 and the rental value as £1,554 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of The Mead Leicester has increased by £921 (0.2%) and its rental value has increased by £50 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 The Mead, Leicester is in very good condition we estimate a sale value of £492,721 and rental value of £1,631 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £436,410 and a rental value of £1,445 per month.
If you were able to purchase this property for the estimated value of £469,258, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,306 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 Mead, Leicester sits on a plot of 480m2.
We have plot size data on 25 out of 44 other houses in the postcode and The Mead, Leicester sits on the 15th largest plot.
According to HM Land Registry, The Mead, Leicester was last sold on 26 Feb 2021 for £575,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Feb 2021, the market for similar properties has risen 11.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Mead, Leicester within a radius of 6.7 kilometres over the last 2 years.
The most recent example is Nettleham Cottage, Hallaton Road, Leicester, LE7 9WB, a Freehold house which sold for £345,000 in Mar 2020.
Read more about house prices in LE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hallaton Road, Tugby, Leicester, LE7 has a total of 44 addresses. According to our analysis of all the public data, The Mead, Leicester is the 12th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £112k more expensive than the average property in LE7.
The Mead, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Apr 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to The Mead, Leicester is Oakham station which is 12.6 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 Mead, Leicester, 54.1% 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 The Mead, Leicester, 19.3% of residents are recorded as possessing school level qualifications and 48.5% 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 Mead, Leicester, the average age was 46.3 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 Mead, Leicester, 2.8% 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 The Mead, Leicester, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.