124 Road, Leicester
124 Road, Leicester
Description & Estimates
124 Road, Leicester appears in the public record as a freehold house sitting on a 593 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,197 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 124 Road, Leicester is £307,143 and its rental estimate is £1,249 per month, given the available information and assuming reasonable condition.
London Road, Oadby, Leicester, LE2 falls within the LE2 postal district, in the borough of Oadby and Wigston.
Our Data Sources
124 Road, Leicester has a single entry in the Land Registry from January 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 124 Road, Leicester, we estimate a market value of £322,500 and a rental value of £1,311 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £285,643 and £1,161 per month respectively.
Recent Market Change
Over the last year, 124 Road, Leicester has seen its estimated sale value move down by £2,434 (0.8%) and its estimated rental value increase by £37 per month (3.0%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 124 Road, Leicester as measuring 593 m2.
That makes it the 2nd largest plot in the postcode, where all 10 other houses have recorded plot data.
Sold Prices
The most recent sale of 124 Road, Leicester completed on 21st January 2008 at £200,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 44.3% over the period since January 2008.
- Sold Jan 2008£200,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 124 Road, Leicester have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2025, was 41, Turner Rise, Leicester, LE2 5SH, a freehold house which sold for £365,000.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 1312 addresses on London Road, Oadby, Leicester, LE2, 124 Road, Leicester comes out as the 133rd largest and the 103rd most expensive in our analysis of the public data.
It is also £28k more expensive than the average property across the LE2 district.
More reading links
Schools Nearby
- 600mLaunde Primary School
- 900mBrocks Hill Primary School
- 1.0kmWoodland Grange Primary School
- 800mGartree High School
- 800mBeauchamp College
- 1.2kmManor High School
More reading links
Public Transport Nearby
From 124 Road, Leicester, the nearest station is South Wigston, 4.4 kilometres away.
- 4.4kmSouth Wigston
- 5.4kmLeicester
- 9.3kmNarborough
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
