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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
The public record describes 2, Gedge Way, Leicester as a period house with 947 ft2 of internal area, sitting on a 313 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Gedge Way, Leicester has an estimated sale value of £258,166 and an estimated rental value of £1,126 per month, assuming reasonable condition and based on the information available.
Gedge Way, Leicester, LE2 lies within the LE2 postal district.
2, Gedge Way, Leicester has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2021.
We combine this information with public data 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.
In very good condition, we estimate 2, Gedge Way, Leicester would be worth £271,074, with a potential rental value of £1,183 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £240,094, with a rental value of £1,048 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2, Gedge Way, Leicester has moved down by £1,187 (0.5%) over the last year. During the same period, its estimated monthly rental value has increased by £36 (3.2%). The property's estimated gross yield is currently 5.2%.
2, Gedge Way, Leicester occupies a 313 m2 plot as recorded by HM Land Registry.
Of the 8 other houses in this postcode, 2 have recorded plot sizes, and this one ranks as the largest.
2, Gedge Way, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
2, Gedge Way, Leicester last changed hands on 5th July 2006, selling for £94,000. 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 470 metres of 2, Gedge Way, Leicester across the last 2 years.
Most recently, 53, Cyprus Road, Leicester, LE2 8QT, a freehold house, sold at £250,000 on the 25th October 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 2, Gedge Way, Leicester as the largest and the most expensive of the 8 addresses on Gedge Way, Leicester, LE2.
Against the LE2 postcode district average, it is £21k less expensive than the typical property.
South Wigston station is the nearest stop to 2, Gedge Way, Leicester at 2.2 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 2, Gedge Way, Leicester, 71.8% of property is socially rented and 12.3% 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, Gedge Way, Leicester, 30.2% of residents are recorded as possessing school level qualifications and 17.1% 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, Gedge Way, Leicester, the average age was 33.8 and the most common age was 12.
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, Gedge Way, 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 2, Gedge Way, Leicester, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
