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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Chestnut Close, Leicester is a modern freehold house with 1,668 ft2 of internal area and sits on a 619 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Chestnut Close, Leicester is £602,515 and the estimated rental value is £1,689 per month.
Chestnut Close, Countesthorpe, Leicester, LE8 is located in the borough of Blaby within the LE8 postal district.
2, Chestnut Close, Leicester has 2 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated November 2014.
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.
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 2, Chestnut Close, Leicester is in very good condition we estimate a sale value of £632,640 and a rental value of £1,773 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £560,339 and a rental value of £1,570 per month.
Over the last 12 months the sale value of 2 Chestnut Close Leicester has decreased by an estimated £3,780 (0.6%) and its rental value has increased by an estimated £44 per month (2.6%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, 2, Chestnut Close, Leicester sits on a plot of 619m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2, Chestnut Close, Leicester sits on the 3rd largest plot.
2, Chestnut Close, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Nov 2014.
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, 2, Chestnut Close, Leicester was last sold on 29th September 2022 for £625,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2022, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chestnut Close, Leicester within a radius of 890 metres over the last 2 years.
The most recent example is 1, Chestnut Close, Leicester, LE8 5XE, a freehold house which sold for £580,000 on the 7th February 2023.
Read more about house prices in LE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Close, Countesthorpe, Leicester, LE8 has a total of 3 addresses. According to our analysis of all the public data, 2, Chestnut Close, Leicester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £273k more expensive than the average property in LE8.
The closest station to 2, Chestnut Close, Leicester is South Wigston station which is 3.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Chestnut Close, Leicester, 47.7% of property is privately owned outright and 41.9% 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 2, Chestnut Close, Leicester, 22.4% of residents are recorded as possessing school level qualifications and 44.1% 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 2, Chestnut Close, Leicester, the average age was 43.2 and the most common age was 52.
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 2, Chestnut Close, Leicester, 0.2% 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 2, Chestnut Close, Leicester, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
