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Public records show 1, Arum Way, Leicester to be an early-century freehold house with 936 ft2 of internal area, sitting on a 298 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
1, Arum Way, Leicester has an estimated sale value of £219,936 and an estimated rental value of £1,054 per month, assuming reasonable condition and based on the information available.
Arum Way, Leicester, LE3 lies within the LE3 postal district.
1, Arum Way, Leicester has a single entry in the Land Registry from July 2016 and a single entry in the EPC database dated April 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 1, Arum Way, Leicester would be worth £230,933, with a potential rental value of £1,106 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £204,541, with a rental value of £980 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 1, Arum Way, Leicester has decreased by £1,114 (0.5%) over the last year. During the same period, its estimated monthly rental value has grown by £32 (3.0%). The property's estimated gross yield is currently 5.7%.
1, Arum Way, Leicester occupies a 298 m2 plot as recorded by HM Land Registry.
Of the 8 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the largest.
1, Arum Way, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Apr 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
1, Arum Way, Leicester last changed hands on 1st July 2016, selling for £124,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 53.9% since July 2016.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of 1, Arum Way, Leicester across the last 2 years.
Most recently, 212, Liberty Road, Leicester, LE3 6NL, a freehold house, sold at £212,000 on the 7th June 2024.
Read more about house prices in LE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 1, Arum Way, Leicester as the 3rd largest and the 3rd most expensive of the 8 addresses on Arum Way, Leicester, LE3.
Against the LE3 postcode district average, it is £1k less expensive than the typical property.
Leicester station is the nearest stop to 1, Arum Way, Leicester at 4.4 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Arum Way, Leicester, 44.3% of property is socially rented and 29.0% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands 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 1, Arum Way, Leicester, 26.5% of residents are recorded as possessing school level qualifications and 16.7% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Arum Way, Leicester, the average age was 41.2 and the most common age was 42.
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 1, Arum Way, Leicester, 1.5% 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 1, Arum Way, Leicester, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.