1, The Avenue
1, The Avenue
Description & Estimates
1, The Avenue, Leicester is recorded publicly as a modern freehold house across 3,024 ft2 of internal area, sitting on a 489 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 1, The Avenue, Leicester is £967,922 and its rental estimate is £2,786 per month, given the available information and assuming reasonable condition.
The Avenue, Oadby, Leicester, LE2 falls within the LE2 postal district, in the borough of Harborough.
Our Data Sources
1, The Avenue, Leicester has 21 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated August 2017.
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.
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, The Avenue, Leicester, we estimate a market value of £1,016,318 and a rental value of £2,926 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £900,168 and £2,591 per month respectively.
Recent Market Change
Over the last year, 1, The Avenue, Leicester has seen its estimated sale value decrease by £6,575 (0.7%) and its estimated rental value grow by £76 per month (2.7%). This results in an estimated gross rental yield of 3.5%.
Plot Size
HM Land Registry records the plot of land for 1, The Avenue, Leicester as measuring 489 m2.
That makes it the 5th largest plot in the postcode, where all 10 other houses have recorded plot data.
Energy Efficiency
1, The Avenue, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Aug 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
Sold Prices
The most recent sale of 1, The Avenue, Leicester completed on 30th June 2021 at £705,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 39.9% over the period since June 2021.
- Sold Jun 2021£705,000
- Sold Dec 2002£399,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, The Avenue, Leicester have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th November 2022, was 44, Chestnut Drive, Leicester, LE2 4QX, a freehold house which sold for £975,000.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 12 addresses on The Avenue, Oadby, Leicester, LE2, 1, The Avenue, Leicester comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £689k more expensive than the average property across the LE2 district.
More reading links
Schools Nearby
- 1.3kmWoodland Grange Primary School
- 1.7kmGreat Glen St Cuthbert's Church of England Primary School
- 2.1kmBrookside Primary School
- 1.9kmManor High School
- 2.3kmBeauchamp College
- 2.4kmGartree High School
More reading links
Public Transport Nearby
From 1, The Avenue, Leicester, the nearest station is South Wigston, 6.5 kilometres away.
- 6.5kmSouth Wigston
- 7.3kmLeicester
- 11.3kmNarborough
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.
