2, Newlyn Parade
2, Newlyn Parade
Description & Estimates
2, Newlyn Parade, Leicester is recorded publicly as a mid-century freehold house across 893 ft2 of internal area, sitting on a 328 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Newlyn Parade, Leicester is £232,948 and its rental estimate is £1,165 per month, given the available information and assuming reasonable condition.
Newlyn Parade, Leicester, LE5 falls within the LE5 postal district.
Our Data Sources
2, Newlyn Parade, Leicester has 21 entries in the Land Registry , most recently in May 2017 and a single entry in the EPC database dated September 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.
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 2, Newlyn Parade, Leicester, we estimate a market value of £244,596 and a rental value of £1,223 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £216,642 and £1,083 per month respectively.
Recent Market Change
Over the last year, 2, Newlyn Parade, Leicester has seen its estimated sale value decline by £2,888 (1.2%) and its estimated rental value climb by £45 per month (3.9%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 2, Newlyn Parade, Leicester as measuring 328 m2.
That makes it the 3rd largest plot in the postcode, where all 8 other houses have recorded plot data.
Energy Efficiency
2, Newlyn Parade, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Sep 2014.
The property is not 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 2, Newlyn Parade, Leicester completed on 12th May 2017 at £169,950 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 64.4% over the period since May 2017.
- Sold May 2017£169,950
- Sold Jul 2006£112,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Newlyn Parade, Leicester have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th June 2023, was 25, Limehurst Road, Leicester, LE5 1RU, a freehold house which sold for £260,000.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 8 addresses on Newlyn Parade, Leicester, LE5, 2, Newlyn Parade, Leicester comes out as the largest and the most expensive in our analysis of the public data.
It is also £38k less expensive than the average property across the LE5 district.
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Schools Nearby
- 400mKestrel Mead Primary Academy
- 400mScraptoft Valley Primary School
- 600mSt Josephs Catholic Academy
- 500mOrchard Mead Academy
- 2.5kmSt Paul's Catholic School, a Voluntary Academy
- 2.8kmThe City of Leicester College
More reading links
Public Transport Nearby
From 2, Newlyn Parade, Leicester, the nearest station is Leicester, 5.0 kilometres away.
- 5.0kmLeicester
- 5.1kmSyston
- 9.2kmSouth Wigston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
