34, Rainworth Road
34, Rainworth Road
Description & Estimates
34, Rainworth Road, Leicester is recorded publicly as a modern leasehold house across 947 ft2 of internal area, sitting on a 168 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 34, Rainworth Road, Leicester is £103,730 and its rental estimate is £531 per month, given the available information and assuming reasonable condition.
Rainworth Road, Leicester, LE5 falls within the LE5 postal district.
Our Data Sources
34, Rainworth Road, Leicester has a single entry in the Land Registry from July 2021 and a single entry in the EPC database dated August 2018.
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 34, Rainworth Road, Leicester, we estimate a market value of £108,916 and a rental value of £557 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £96,469 and £494 per month respectively.
Recent Market Change
Over the last year, 34, Rainworth Road, Leicester has seen its estimated sale value decline by £1,286 (1.2%) and its estimated rental value climb by £21 per month (3.9%). This results in an estimated gross rental yield of 6.1%.
Plot Size
HM Land Registry records the plot of land for 34, Rainworth Road, Leicester as measuring 168 m2.
That makes it the 4th largest plot in the postcode, where 4 of the 29 other houses have recorded plot data.
Energy Efficiency
34, Rainworth Road, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Aug 2018.
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 34, Rainworth Road, Leicester completed on 8th July 2021 at £80,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 8.0% over the period since July 2021.
- Sold Jul 2021£80,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 34, Rainworth Road, Leicester have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th June 2024, was 14, Rainworth Road, Leicester, LE5 4QE, a leasehold house which sold for £105,000.
Read more about house prices in LE5.
- Sold Jun 2024£105,000 | 3 Bed House14, Rainworth Road, Leicester, LE5 4QE14, Rainworth Road, Leicester, LE5 4QE
- Sold Dec 2022£102,500 | 3 Bed House18, Rainworth Road, Leicester, LE5 4QE18, Rainworth Road, Leicester, LE5 4QE
- Sold Jul 2022£84,000 | 3 Bed House20, Rainworth Road, Leicester, LE5 4QE20, Rainworth Road, Leicester, LE5 4QE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 47 addresses on Rainworth Road, Leicester, LE5, 34, Rainworth Road, Leicester comes out as the 20th largest and the 22nd most expensive in our analysis of the public data.
It is also £167k less expensive than the average property across the LE5 district.
More reading links
Schools Nearby
- 400mSt Barnabas CofE Primary School
- 700mSpinney Hill Primary School
- 800mMerrydale Infant School
- 1.1kmCrown Hills Community College
- 1.1kmMadani Girls' School
- 1.1kmMadani Boys School
More reading links
Public Transport Nearby
From 34, Rainworth Road, Leicester, the nearest station is Leicester, 2.2 kilometres away.
- 2.2kmLeicester
- 6.4kmSyston
- 6.7kmSouth Wigston
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
