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39, Redlands Estate, Ibstock is recorded publicly as a modern freehold house across 1,291 ft2 of internal area, sitting on a 906 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 39, Redlands Estate, Ibstock is £282,123 and its rental estimate is £1,232 per month, given the available information and assuming reasonable condition.
Redlands Estate, Ibstock, LE67 falls within the LE67 postal district, in the borough of North West Leicestershire.
39, Redlands Estate, Ibstock has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated January 2023.
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.
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 39, Redlands Estate, Ibstock, we estimate a market value of £296,229 and a rental value of £1,294 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £262,374 and £1,146 per month respectively.
Over the last year, 39, Redlands Estate, Ibstock has seen its estimated sale value decrease by £25 (0.0%) and its estimated rental value grow by £43 per month (3.5%). This results in an estimated gross rental yield of 5.2%.
HM Land Registry records the plot of land for 39, Redlands Estate, Ibstock as measuring 906 m2.
That makes it the 2nd largest plot in the postcode, where 29 of the 34 other houses have recorded plot data.
39, Redlands Estate, Ibstock has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 39, Redlands Estate, Ibstock completed on 15th December 2023 at £280,000 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 dropped by 1.5% over the period since December 2023.
Over the past 2 years 3 properties similar to 39, Redlands Estate, Ibstock have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th February 2024, was 91, Leicester Road, Ibstock, LE67 6HN, a freehold house which sold for £277,500.
Read more about house prices in LE67.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 34 addresses on Redlands Estate, Ibstock, LE67, 39, Redlands Estate, Ibstock comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £23k more expensive than the average property across the LE67 district.
From 39, Redlands Estate, Ibstock, the nearest station is Loughborough, 16.1 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 39, Redlands Estate, Ibstock, 50.4% of property is privately owned with a mortgage and 33.5% 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 39, Redlands Estate, Ibstock, 19.0% of residents are recorded as possessing school level qualifications and 29.7% 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 39, Redlands Estate, Ibstock, the average age was 40.9 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 39, Redlands Estate, Ibstock, 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 39, Redlands Estate, Ibstock, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.