1, Park Rise
1, Park Rise
Description & Estimates
1, Park Rise, Leicester is described in the public record as a mid-century house with 1,302 ft2 of internal area, sitting on a 336 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Park Rise, Leicester is £336,550 and its rental estimate is £1,221 per month, given the available information and assuming reasonable condition.
Park Rise, Leicester, LE3 falls within the LE3 postal district.
Our Data Sources
1, Park Rise, Leicester has no records in the the Land Registry and a single entry in the EPC database dated June 2021.
We combine this information with public data 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Park Rise, Leicester, we estimate a market value of £353,378 and a rental value of £1,282 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £312,992 and £1,135 per month respectively.
Recent Market Change
Over the last year, 1, Park Rise, Leicester has seen its estimated sale value decrease by £3,013 (0.9%) and its estimated rental value grow by £29 per month (2.4%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 1, Park Rise, Leicester as measuring 336 m2.
That makes it the 4th largest plot in the postcode, where 31 of the 32 other houses have recorded plot data.
Energy Efficiency
1, Park Rise, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Park Rise, Leicester have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2024, was 8, Wessex Drive, Leicester, LE3 6SQ, a freehold house which sold for £300,000.
Read more about house prices in LE3.
- Sold Aug 2024£300,000 | 4 Bed House8, Wessex Drive, Leicester, LE3 6SQ8, Wessex Drive, Leicester, LE3 6SQ
- Sold Jun 2024£295,000 | 4 Bed House2, Wessex Drive, Leicester, LE3 6SQ2, Wessex Drive, Leicester, LE3 6SQ
- Sold Oct 2021£245,000 | 4 Bed House8, Park Rise, Leicester, LE3 6SH8, Park Rise, Leicester, LE3 6SH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 87 addresses on Park Rise, Leicester, LE3, 1, Park Rise, Leicester comes out as the 4th largest and the 2nd most expensive in our analysis of the public data.
It is also £116k more expensive than the average property across the LE3 district.
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Schools Nearby
- 500mBraunstone Community Primary School
- 700mQueensmead Primary Academy
- 900mBraunstone Frith Primary Academy
- 1.2kmThe Herewoode Academy
- 1.7kmThe Winstanley School
- 2.0kmFullhurst Community College
More reading links
Public Transport Nearby
From 1, Park Rise, Leicester, the nearest station is Leicester, 4.1 kilometres away.
- 4.1kmLeicester
- 6.6kmSouth Wigston
- 6.9kmNarborough
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
