198, Markfield Road
198, Markfield Road
Description & Estimates
198, Markfield Road, Leicester is recorded publicly as an early-century freehold house across 818 ft2 of internal area, sitting on a 290 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 198, Markfield Road, Leicester is £255,291 and its rental estimate is £1,199 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
198, Markfield Road, Leicester has 2 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 198, Markfield Road, Leicester, we estimate a market value of £268,055 and a rental value of £1,259 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £237,420 and £1,115 per month respectively.
Recent Market Change
Over the last year, 198, Markfield Road, Leicester has seen its estimated sale value decrease by £467 (0.2%) and its estimated rental value grow by £41 per month (3.4%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 198, Markfield Road, Leicester as measuring 290 m2.
That makes it the 18th largest plot in the postcode, where 22 of the 30 other houses have recorded plot data.
Energy Efficiency
198, Markfield Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 May 2022.
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 198, Markfield Road, Leicester completed on 15th September 2022 at £255,000 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 22.2% over the period since September 2022.
- Sold Sep 2022£255,000
- Sold Aug 2007£166,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 198, Markfield Road, Leicester have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th September 2025, was 174, Markfield Road, Leicester, LE6 0LS, a freehold house which sold for £230,000.
Read more about house prices in LE6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 157 addresses on Markfield Road, Ratby, Leicester, LE6, 198, Markfield Road, Leicester comes out as the 117th largest and the 101st most expensive in our analysis of the public data.
It is also £70k less expensive than the average property across the LE6 district.
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Schools Nearby
- 700mRatby Primary School
- 1.5kmMartinshaw Primary School
- 1.7kmLady Jane Grey Primary School
- 1.2kmBrookvale Groby Learning Campus
- 4.0kmBosworth Academy
- 4.5kmSouth Charnwood High School
More reading links
Public Transport Nearby
From 198, Markfield Road, Leicester, the nearest station is Leicester, 8.8 kilometres away.
- 8.8kmLeicester
- 9.8kmNarborough
- 11.3kmSouth 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.
