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According to the public record, 18, Morcom Drive, Leicester is a modern freehold house with 1,151 ft2 of internal area and sits on a 499 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Morcom Drive, Leicester is £395,267 and the estimated rental value is £1,182 per month.
Morcom Drive, Leicester, LE2 is located within the LE2 postal district.
18, Morcom Drive, Leicester has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated October 2021.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 18, Morcom Drive, Leicester is in very good condition we estimate a sale value of £415,031 and a rental value of £1,241 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,599 and a rental value of £1,099 per month.
Over the last 12 months the sale value of 18 Morcom Drive Leicester has decreased by an estimated £7,133 (1.8%) and its rental value has increased by an estimated £32 per month (2.7%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 18, Morcom Drive, Leicester sits on a plot of 499m2.
We have plot size data on 17 out of 56 other houses in the postcode and 18, Morcom Drive, Leicester sits on the 3rd largest plot.
18, Morcom Drive, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Oct 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 18, Morcom Drive, Leicester was last sold on 5th November 2021 for £379,750 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2021, the market for similar properties has dropped 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Morcom Drive, Leicester within a radius of 670 metres over the last 2 years.
The most recent example is 2, Morcom Drive, Leicester, LE2 8BU, a freehold house which sold for £429,750 on the 13th September 2024.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morcom Drive, Leicester, LE2 has a total of 56 addresses. According to our analysis of all the public data, 18, Morcom Drive, Leicester is the 31st largest and the 37th most expensive property on the street.
When compared to the postcode district it is £118k more expensive than the average property in LE2.
The closest station to 18, Morcom Drive, Leicester is South Wigston station which is 2.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 18, Morcom Drive, Leicester, 37.3% of property is privately rented and 31.4% 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 18, Morcom Drive, Leicester, 13.0% of residents are recorded as possessing school level qualifications and 25.0% 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 18, Morcom Drive, Leicester, the average age was 40.8 and the most common age was 32.
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 18, Morcom Drive, Leicester, 0.0% 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 18, Morcom Drive, Leicester, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
