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According to the public record, 2, Redpath Close, Leicester is a mid-century leasehold apartment with 629 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Redpath Close, Leicester is £136,133 and the estimated rental value is £653 per month.
Redpath Close, Leicester, LE4 is located within the LE4 postal district.
2, Redpath Close, Leicester has 2 entries in the Land Registry , most recently in January 2009 and a single entry in the EPC database dated May 2022.
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, Redpath Close, Leicester is in very good condition we estimate a sale value of £142,939 and a rental value of £686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,603 and a rental value of £607 per month.
Over the last 12 months the sale value of 2 Redpath Close Leicester has decreased by an estimated £3,811 (2.8%) and its rental value has increased by an estimated £21 per month (3.2%), giving an expected gross yield of 5.8%.
2, Redpath Close, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 2, Redpath Close, Leicester was last sold on 27th January 2009 for £77,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2009, the market for similar properties has risen 61.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Redpath Close, Leicester within a radius of 460 metres over the last 2 years.
The most recent example is 33, Russell Square, Leicester, LE1 2DS, a leasehold flat which sold for £120,000 on the 28th October 2022.
Read more about house prices in LE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redpath Close, Leicester, LE4 has a total of 35 addresses. According to our analysis of all the public data, 2, Redpath Close, Leicester is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in LE4.
The closest station to 2, Redpath Close, Leicester is Leicester station which is 1.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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, Redpath Close, Leicester, 59.0% of property is socially rented and 17.0% is privately owned outright.
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, Redpath Close, Leicester, 19.7% of residents are recorded as possessing school level qualifications and 14.6% 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, Redpath Close, Leicester, the average age was 38.7 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, Redpath Close, 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, Redpath Close, Leicester, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.