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In this area, houses of this size normally have 3 bedrooms with a garden.
198, Vernon Road, Leicester has an estimated sale value of £242,920 and an estimated rental value of £1,082 per month, assuming reasonable condition and based on the information available.
Vernon Road, Leicester, LE2 lies within the LE2 postal district.
198, Vernon Road, Leicester has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2023.
We combine this information with public data 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.
In very good condition, we estimate 198, Vernon Road, Leicester would be worth £255,066, with a potential rental value of £1,136 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £225,916, with a rental value of £1,006 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 198, Vernon Road, Leicester has dropped by £1,117 (0.5%) over the last year. During the same period, its estimated monthly rental value has risen by £35 (3.2%). The property's estimated gross yield is currently 5.3%.
198, Vernon Road, Leicester occupies a 327 m2 plot as recorded by HM Land Registry.
Of the 25 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the 4th largest.
198, Vernon Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
198, Vernon Road, Leicester last changed hands on 9th December 1998, selling for £54,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 440 metres of 198, Vernon Road, Leicester across the last 2 years.
Most recently, 105, Percy Road, Leicester, LE2 8FQ, a freehold house, sold at £242,600 on the 18th September 2024.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 198, Vernon Road, Leicester as the 23rd largest and the 8th most expensive of the 191 addresses on Vernon Road, Leicester, LE2.
Against the LE2 postcode district average, it is £36k less expensive than the typical property.
South Wigston station is the nearest stop to 198, Vernon Road, Leicester at 2.7 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 198, Vernon Road, Leicester, 39.6% of property is privately owned outright and 33.0% 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 198, Vernon Road, Leicester, 18.2% of residents are recorded as possessing school level qualifications and 19.8% 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 198, Vernon Road, Leicester, the average age was 34.5 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 198, Vernon Road, 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 198, Vernon Road, 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.