23, Grove Road
23, Grove Road
Description & Estimates
23, Grove Road, Leicester is recorded publicly as a period freehold house across 818 ft2 of internal area, sitting on a 59.6 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 23, Grove Road, Leicester is £176,751 and its rental estimate is £929 per month, given the available information and assuming reasonable condition.
Grove Road, Leicester, LE5 falls within the LE5 postal district.
Our Data Sources
23, Grove Road, Leicester has 2 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 23, Grove Road, Leicester, we estimate a market value of £185,589 and a rental value of £976 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £164,379 and £864 per month respectively.
Recent Market Change
Over the last year, 23, Grove Road, Leicester has seen its estimated sale value move down by £2,191 (1.2%) and its estimated rental value increase by £36 per month (3.9%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 23, Grove Road, Leicester as measuring 60 m2.
That makes it the 31st largest plot in the postcode, where 32 of the 35 other houses have recorded plot data.
Energy Efficiency
23, Grove Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Mar 2021.
The property is 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 23, Grove Road, Leicester completed on 21st October 2021 at £190,000 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 24.9% over the period since October 2021.
- Sold Oct 2021£190,000
- Sold Apr 2008£130,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23, Grove Road, Leicester have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th August 2022, was 10, Florence Road, Leicester, LE5 3FU, a leasehold house which sold for £121,000.
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 77 addresses on Grove Road, Leicester, LE5, 23, Grove Road, Leicester comes out as the 45th largest and the 56th most expensive in our analysis of the public data.
It is also £94k less expensive than the average property across the LE5 district.
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Schools Nearby
- 200mSacred Heart Catholic Voluntary Academy
- 200mShenton Primary School
- 300mBridge Junior School
- 800mMoat Community College
- 1.3kmMadani Girls' School
- 1.3kmMadani Boys School
More reading links
Public Transport Nearby
From 23, Grove Road, Leicester, the nearest station is Leicester, 1.2 kilometres away.
- 1.2kmLeicester
- 6.4kmSouth Wigston
- 6.6kmSyston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
