40, Derwent Street
40, Derwent Street
Description & Estimates
Public records show 40, Derwent Street, Leicester to be a period freehold house with 882 ft2 of internal area, sitting on a 76.7 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Derwent Street, Leicester has an estimated sale value of £224,403 and an estimated rental value of £1,079 per month, assuming reasonable condition and based on the information available.
Derwent Street, Leicester, LE2 lies within the LE2 postal district.
Our Data Sources
40, Derwent Street, Leicester has 21 entries in the Land Registry , most recently in July 2011 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 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 40, Derwent Street, Leicester would be worth £235,623, with a potential rental value of £1,133 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £208,695, with a rental value of £1,003 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Derwent Street, Leicester has declined by £1,032 (0.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £35 (3.2%). The property's estimated gross yield is currently 5.8%.
Plot Size
40, Derwent Street, Leicester occupies a 77 m2 plot as recorded by HM Land Registry.
All 34 other houses in this postcode have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
40, Derwent Street, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
40, Derwent Street, Leicester last changed hands on 8th July 2011, selling for £120,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 122.1% since July 2011.
- Sold Jul 2011£120,000
- Sold Jan 1997£40,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 320 metres of 40, Derwent Street, Leicester across the last 2 years.
Most recently, 14, Diseworth Street, Leicester, LE2 0DA, a freehold house, sold at £240,000 on the 3rd October 2025.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 40, Derwent Street, Leicester as the 31st largest and the 40th most expensive of the 68 addresses on Derwent Street, Leicester, LE2.
Against the LE2 postcode district average, it is £55k less expensive than the typical property.
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Schools Nearby
- 100mUplands Junior L.E.A.D. Academy
- 100mUplands Infant School
- 200mHighfields Primary School
- 500mMoat Community College
- 1.0kmMadani Girls' School
- 1.0kmMadani Boys School
More reading links
Public Transport Nearby
Leicester station is the nearest stop to 40, Derwent Street, Leicester at 900 metres away.
- 900mLeicester
- 5.8kmSouth Wigston
- 7.2kmSyston
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
