2, Banks Road
2, Banks Road
Description & Estimates
Public records show 2, Banks Road, Leicester to be an early-century freehold house with 1,592 ft2 of internal area, sitting on a 197 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Banks Road, Leicester has an estimated sale value of £305,976 and an estimated rental value of £1,247 per month, assuming reasonable condition and based on the information available.
Banks Road, Leicester, LE2 lies within the LE2 postal district.
Our Data Sources
2, Banks Road, Leicester has 31 entries in the Land Registry , most recently in August 2011 and a single entry in the EPC database dated April 2011.
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
In very good condition, we estimate 2, Banks Road, Leicester would be worth £321,275, with a potential rental value of £1,309 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £284,557, with a rental value of £1,160 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Banks Road, Leicester has decreased by £2,425 (0.8%) over the last year. During the same period, its estimated monthly rental value has grown by £37 (3.0%). The property's estimated gross yield is currently 4.9%.
Plot Size
2, Banks Road, Leicester occupies a 197 m2 plot as recorded by HM Land Registry.
All 26 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
2, Banks Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Apr 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Banks Road, Leicester last changed hands on 31st August 2011, selling for £132,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 97.9% since August 2011.
- Sold Aug 2011£132,000
- Sold Apr 2011£140,000
- Sold Sep 1996£44,750
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 610 metres of 2, Banks Road, Leicester across the last 2 years.
Most recently, 30, Duncan Road, Leicester, LE2 8ED, a freehold house, sold at £240,000 on the 21st March 2025.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Banks Road, Leicester as the largest and the most expensive of the 26 addresses on Banks Road, Leicester, LE2.
Against the LE2 postcode district average, it is £27k more expensive than the typical property.
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Schools Nearby
- 200mGranby Primary School
- 600mMontrose School
- 800mMarriott Primary School
- 1.6kmLancaster Academy
- 1.6kmSir Jonathan North Girls' College
- 2.1kmFullhurst Community College
More reading links
Public Transport Nearby
South Wigston station is the nearest stop to 2, Banks Road, Leicester at 2.8 kilometres away.
- 2.8kmSouth Wigston
- 3.3kmLeicester
- 5.3kmNarborough
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
