2, Preston Way
2, Preston Way
Description & Estimates
2, Preston Way, Leicester is recorded publicly as a modern freehold house across 1,323 ft2 of internal area, sitting on a 515 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Preston Way, Leicester is £427,507 and its rental estimate is £1,393 per month, given the available information and assuming reasonable condition.
Preston Way, Huncote, Leicester, LE9 falls within the LE9 postal district, in the borough of Blaby.
Our Data Sources
2, Preston Way, Leicester has a single entry in the Land Registry from May 2016 and a single entry in the EPC database dated April 2016.
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
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, Preston Way, Leicester, we estimate a market value of £448,882 and a rental value of £1,463 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £397,581 and £1,296 per month respectively.
Recent Market Change
Over the last year, 2, Preston Way, Leicester has seen its estimated sale value decline by £4,953 (1.2%) and its estimated rental value climb by £31 per month (2.2%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 2, Preston Way, Leicester as measuring 515 m2.
That makes it the largest plot in the postcode, where 14 of the 25 other houses have recorded plot data.
Energy Efficiency
2, Preston Way, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Apr 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Preston Way, Leicester completed on 27th May 2016 at £319,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 56.1% over the period since May 2016.
- Sold May 2016£319,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Preston Way, Leicester have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2023, was 7, Chantry Close, Leicester, LE9 3AE, a freehold house which sold for £425,000.
Read more about house prices in LE9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 25 addresses on Preston Way, Huncote, Leicester, LE9, 2, Preston Way, Leicester comes out as the largest and the most expensive in our analysis of the public data.
It is also £136k more expensive than the average property across the LE9 district.
More reading links
Schools Nearby
- 500mHuncote Primary School
- 1.3kmRed Hill Field Primary School
- 1.8kmThe Pastures Primary School
- 2.7kmBrockington College
- 4.5kmThomas Estley Community College
- 5.2kmCountesthorpe Academy
More reading links
Public Transport Nearby
From 2, Preston Way, Leicester, the nearest station is Narborough, 2.0 kilometres away.
- 2.0kmNarborough
- 6.8kmSouth Wigston
- 10.0kmLeicester
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.
