2, Old Mill Close
2, Old Mill Close
Description & Estimates
According to the public record, 2, Old Mill Close, Leicester is a modern freehold house with 3,100 ft2 of internal area and sits on a 1,268 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Old Mill Close, Leicester is £962,742 and the estimated rental value is £2,771 per month.
Old Mill Close, Great Glen, Leicester, LE8 is located in the borough of Harborough within the LE8 postal district.
Our Data Sources
2, Old Mill Close, Leicester has a single entry in the Land Registry from October 2020 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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, Old Mill Close, Leicester is in very good condition we estimate a sale value of £1,010,879 and a rental value of £2,910 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £895,350 and a rental value of £2,577 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Old Mill Close, Leicester has moved down by £3,831 (0.4%), while its estimated rental value has increased by £70 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 3.5%.
Plot Size
According to data from HM Land Registry, 2, Old Mill Close, Leicester sits on a plot of 1,268 m2.
We have plot size data on 5 out of 6 other houses in the postcode and 2, Old Mill Close, Leicester sits on the 2nd largest plot.
Energy Efficiency
2, Old Mill Close, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
According to HM Land Registry, 2, Old Mill Close, Leicester was last sold on 5th October 2020 for £925,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2020, the market for similar properties has dropped by 2.2%.
- Sold Oct 2020£925,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Old Mill Close, Leicester within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 5, Old Mill Close, Leicester, LE8 9EZ, a freehold house which sold for £1,400,000 on the 24th May 2021.
Read more about house prices in LE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Old Mill Close, Great Glen, Leicester, LE8 has a total of 6 addresses. According to our analysis of all the public data, 2, Old Mill Close, Leicester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £634k more expensive than the average property in LE8.
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Schools Nearby
- 900mGreat Glen St Cuthbert's Church of England Primary School
- 3.1kmWoodland Grange Primary School
- 3.8kmBrocks Hill Primary School
- 3.6kmBeauchamp College
- 3.7kmGartree High School
- 4.2kmManor High School
More reading links
Public Transport Nearby
The closest station to 2, Old Mill Close, Leicester is South Wigston station, which is 7.3 kilometres away.
- 7.3kmSouth Wigston
- 9.4kmLeicester
- 11.8kmNarborough
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
