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In this area, houses of this size normally have 4 bedrooms with a garden.
14, Bishop Meadow, Leicester has an estimated sale value of £428,341 and an estimated rental value of £1,337 per month, assuming reasonable condition and based on the information available.
Bishop Meadow, Leicester, LE3 lies within the LE3 postal district.
14, Bishop Meadow, Leicester has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated June 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 14, Bishop Meadow, Leicester would be worth £449,758, with a potential rental value of £1,404 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £398,357, with a rental value of £1,243 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 14, Bishop Meadow, Leicester has moved down by £3,835 (0.9%) over the last year. During the same period, its estimated monthly rental value has increased by £32 (2.4%). The property's estimated gross yield is currently 3.7%.
14, Bishop Meadow, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jun 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
14, Bishop Meadow, Leicester last changed hands on 16th August 2024, selling for £445,000. 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 dropped by 26.9% since August 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 380 metres of 14, Bishop Meadow, Leicester across the last 2 years.
Most recently, 1, Bishop Meadow, Leicester, LE3 5GB, a freehold house, sold at £440,000 on the 7th October 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 14, Bishop Meadow, Leicester as the 2nd largest and the 2nd most expensive of the 12 addresses on Bishop Meadow, Leicester, LE3.
Against the LE3 postcode district average, it is £207k more expensive than the typical property.
Leicester station is the nearest stop to 14, Bishop Meadow, Leicester at 1.5 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 14, Bishop Meadow, Leicester, 64.2% of property is privately rented and 20.7% 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 14, Bishop Meadow, Leicester, 14.8% of residents are recorded as possessing school level qualifications and 44.6% 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 14, Bishop Meadow, Leicester, the average age was 37.5 and the most common age was 27.
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 14, Bishop Meadow, Leicester, 1.1% 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 14, Bishop Meadow, Leicester, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.