According to the public record, The Mill, Leicester is a mid-century freehold house with 5,539 ft2 of internal area and sits on a 18,093 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 Mill, Leicester has a single entry in the Land Registry database from August 2012 and a single entry in the EPC database dated December 2010.
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 Mill Leicester as £897,271 and the rental value as £2,998 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of The Mill Leicester has decreased by £1,055 (0.1%) and its rental value has increased by £100 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 Mill, Leicester is in very good condition we estimate a sale value of £942,134 and rental value of £3,147 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £834,462 and a rental value of £2,788 per month.
If you were able to purchase this property for the estimated value of £897,271, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,410 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 Mill, Leicester sits on a plot of 18093m2.
We have plot size data on 15 out of 32 other houses in the postcode and The Mill, Leicester sits on the 3rd largest plot.
According to HM Land Registry, The Mill, Leicester was last sold on 31 Aug 2012 for £850,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2012, the market for similar properties has risen 64.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 3.5 kilometres radius of The Mill, Leicester over the last 2 years.
The most recent example is 16, Lutterworth Road, Leicester, LE8 5UT, a Freehold house which sold for £325,000 in Aug 2023.
Read more about house prices in LE8.
Lutterworth Road, Arnesby, Leicester, LE8 has a total of 32 addresses. According to our analysis of all the public data, The Mill, Leicester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £575k more expensive than the average property in LE8.
The Mill, Leicester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 13 Dec 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Warm air, oil.
The closest station to The Mill, 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 Mill, 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 Mill, 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 Mill, 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 Mill, 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 Mill, 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.