16, Margaret Road
16, Margaret Road
Description & Estimates
16, Margaret Road, Leicester is recorded publicly as a period freehold house across 818 ft2 of internal area, sitting on a 135 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 16, Margaret Road, Leicester is £213,965 and its rental estimate is £1,097 per month, given the available information and assuming reasonable condition.
Margaret Road, Leicester, LE5 falls within the LE5 postal district.
Our Data Sources
16, Margaret Road, Leicester has 31 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated June 2016.
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 16, Margaret Road, Leicester, we estimate a market value of £224,664 and a rental value of £1,152 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £198,988 and £1,020 per month respectively.
Recent Market Change
Over the last year, 16, Margaret Road, Leicester has seen its estimated sale value move down by £2,653 (1.2%) and its estimated rental value increase by £43 per month (3.9%). This results in an estimated gross rental yield of 6.2%.
Plot Size
HM Land Registry records the plot of land for 16, Margaret Road, Leicester as measuring 135 m2.
That makes it the largest plot in the postcode, where 8 of the 16 other houses have recorded plot data.
Energy Efficiency
16, Margaret Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Jun 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 16, Margaret Road, Leicester completed on 5th February 2021 at £186,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 26.3% over the period since February 2021.
- Sold Feb 2021£186,000
- Sold Jul 2016£135,000
- Sold Jul 2000£35,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Margaret Road, Leicester have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2025, was 20, Dorothy Road, Leicester, LE5 5DP, a freehold house which sold for £175,000.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 21 addresses on Margaret Road, Leicester, LE5, 16, Margaret Road, Leicester comes out as the 16th largest and the 17th most expensive in our analysis of the public data.
It is also £57k less expensive than the average property across the LE5 district.
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Schools Nearby
- 300mSpinney Hill Primary School
- 500mColeman Primary School
- 600mMayflower Primary School
- 500mMadani Girls' School
- 500mMadani Boys School
- 700mCrown Hills Community College
More reading links
Public Transport Nearby
From 16, Margaret Road, Leicester, the nearest station is Leicester, 1.8 kilometres away.
- 1.8kmLeicester
- 6.1kmSouth Wigston
- 7.0kmSyston
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.
