40, Nursery Road
40, Nursery Road
Description & Estimates
40, Nursery Road, Leicester is recorded publicly as an early-century freehold house across 1,076 ft2 of internal area, sitting on a 1,012 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 40, Nursery Road, Leicester is £405,625 and its rental estimate is £1,379 per month, given the available information and assuming reasonable condition.
Nursery Road, Leicester, LE5 falls within the LE5 postal district.
Our Data Sources
40, Nursery Road, Leicester has 31 entries in the Land Registry , most recently in March 2020 and a single entry in the EPC database dated December 2019.
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.
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 40, Nursery Road, Leicester, we estimate a market value of £425,906 and a rental value of £1,448 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £377,231 and £1,283 per month respectively.
Recent Market Change
Over the last year, 40, Nursery Road, Leicester has seen its estimated sale value decline by £5,029 (1.2%) and its estimated rental value climb by £54 per month (3.9%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 40, Nursery Road, Leicester as measuring 1,012 m2.
That makes it the 4th largest plot in the postcode, where 37 of the 45 other houses have recorded plot data.
Energy Efficiency
40, Nursery Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Dec 2019.
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 40, Nursery Road, Leicester completed on 20th March 2020 at £351,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 38.2% over the period since March 2020.
- Sold Mar 2020£351,000
- Sold Sep 2002£170,000
- Sold Oct 1999£69,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Nursery Road, Leicester have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th November 2019, was 290, Scraptoft Lane, Leicester, LE5 1PB, a freehold house which sold for £320,000.
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 75 addresses on Nursery Road, Leicester, LE5, 40, Nursery Road, Leicester comes out as the 38th largest and the 18th most expensive in our analysis of the public data.
It is also £134k more expensive than the average property across the LE5 district.
More reading links
Schools Nearby
- 400mThurnby Mead Primary Academy
- 600mWillowbrook Mead Primary Academy
- 600mSt Josephs Catholic Academy
- 1.4kmOrchard Mead Academy
- 1.5kmSt Paul's Catholic School, a Voluntary Academy
- 1.7kmThe City of Leicester College
More reading links
Public Transport Nearby
From 40, Nursery Road, Leicester, the nearest station is Leicester, 4.7 kilometres away.
- 4.7kmLeicester
- 6.3kmSyston
- 8.3kmSouth Wigston
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.
