127, Markfield Road
127, Markfield Road
Description & Estimates
127, Markfield Road, Leicester is recorded publicly as a modern freehold house across 1,593 ft2 of internal area, sitting on a 359 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 127, Markfield Road, Leicester is £373,431 and its rental estimate is £1,553 per month, given the available information and assuming reasonable condition.
Markfield Road, Ratby, Leicester, LE6 falls within the LE6 postal district, in the borough of Hinckley and Bosworth.
Our Data Sources
127, Markfield Road, Leicester has 2 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 127, Markfield Road, Leicester, we estimate a market value of £392,103 and a rental value of £1,631 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £347,291 and £1,445 per month respectively.
Recent Market Change
Over the last year, 127, Markfield Road, Leicester has seen its estimated sale value move down by £337 (0.1%) and its estimated rental value increase by £55 per month (3.5%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 127, Markfield Road, Leicester as measuring 359 m2.
That makes it the 19th largest plot in the postcode, where 23 of the 32 other houses have recorded plot data.
Energy Efficiency
127, Markfield Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of 127, Markfield Road, Leicester completed on 28th June 2021 at £400,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 19.7% over the period since June 2021.
- Sold Jun 2021£400,000
- Sold Oct 2011£295,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 127, Markfield Road, Leicester have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th January 2025, was 19, St. James Close, Leicester, LE6 0QB, a freehold house which sold for £460,000.
Read more about house prices in LE6.
- Sold Jan 2025£460,000 | 4 Bed House19, St. James Close, Leicester, LE6 0QB19, St. James Close, Leicester, LE6 0QB
- Sold Nov 2024£490,000 | 4 Bed House2, Mottys Stile Way, Leicester, LE6 0QA2, Mottys Stile Way, Leicester, LE6 0QA
- Sold Oct 2022£457,500 | 4 Bed House129, Markfield Road, Leicester, LE6 0LT129, Markfield Road, Leicester, LE6 0LT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 157 addresses on Markfield Road, Ratby, Leicester, LE6, 127, Markfield Road, Leicester comes out as the 13th largest and the 11th most expensive in our analysis of the public data.
It is also £48k more expensive than the average property across the LE6 district.
More reading links
Schools Nearby
- 600mRatby Primary School
- 1.4kmMartinshaw Primary School
- 1.5kmLady Jane Grey Primary School
- 1.0kmBrookvale Groby Learning Campus
- 4.1kmBosworth Academy
- 4.7kmThe Herewoode Academy
More reading links
Public Transport Nearby
From 127, Markfield Road, Leicester, the nearest station is Leicester, 8.6 kilometres away.
- 8.6kmLeicester
- 9.6kmNarborough
- 11.0kmSouth Wigston
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.
