40, Rainworth Road
40, Rainworth Road
Description & Estimates
Public records show 40, Rainworth Road, Leicester to be a modern leasehold house with 947 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
40, Rainworth Road, Leicester has an estimated sale value of £101,696 and an estimated rental value of £520 per month, assuming reasonable condition and based on the information available.
Rainworth Road, Leicester, LE5 lies within the LE5 postal district.
Our Data Sources
40, Rainworth Road, Leicester has a single entry in the Land Registry from July 2019 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
In very good condition, we estimate 40, Rainworth Road, Leicester would be worth £106,781, with a potential rental value of £546 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £94,577, with a rental value of £484 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, Rainworth Road, Leicester has moved down by £1,261 (1.2%) over the last year. During the same period, its estimated monthly rental value has increased by £20 (3.9%). The property's estimated gross yield is currently 6.1%.
Energy Efficiency
40, 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
40, Rainworth Road, Leicester last changed hands on 31st July 2019, selling for £99,500. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 23.3% since July 2019.
- Sold Jul 2019£99,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 490 metres of 40, Rainworth Road, Leicester across the last 2 years.
Most recently, 14, Rainworth Road, Leicester, LE5 4QE, a leasehold house, sold at £105,000 on the 17th June 2024.
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
Our analysis of the public data ranks 40, Rainworth Road, Leicester as the 17th largest and the 33rd most expensive of the 47 addresses on Rainworth Road, Leicester, LE5.
Against the LE5 postcode district average, it is £169k less expensive than the typical property.
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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
Leicester station is the nearest stop to 40, Rainworth Road, Leicester at 2.2 kilometres away.
- 2.2kmLeicester
- 6.4kmSyston
- 6.7kmSouth Wigston
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
