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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
42, Richmond Road, Leicester is recorded publicly as a modern leasehold apartment across 462 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 42, Richmond Road, Leicester is £124,188 and its rental estimate is £680 per month, given the available information and assuming reasonable condition.
42, Richmond Road is a residential building on Richmond Road, Leicester, LE2 and falls within the LE2 postal district.
42, Richmond Road, Leicester has a single entry in the Land Registry from June 2016 and a single entry in the EPC database dated October 2018.
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 42, Richmond Road, Leicester, we estimate a market value of £130,397 and a rental value of £714 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £115,495 and £632 per month respectively.
Over the last year, 42, Richmond Road, Leicester has seen its estimated sale value decrease by £448 (0.4%) and its estimated rental value grow by £23 per month (3.3%). This results in an estimated gross rental yield of 6.6%.
42, Richmond Road, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Oct 2018.
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 42, Richmond Road, Leicester completed on 6th June 2016 at £90,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 76.0% over the period since June 2016.
Over the past 2 years 3 properties similar to 42, Richmond Road, Leicester have sold within a radius of 410 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th January 2023, was Flat 1, 95B, Lansdowne Road, Leicester, LE2 8AT, a leasehold flat which sold for £123,000.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 72 addresses on Richmond Road, Leicester, LE2, 42, Richmond Road, Leicester comes out as the 70th largest and the 70th most expensive in our analysis of the public data.
It is also £155k less expensive than the average property across the LE2 district.
From 42, Richmond Road, Leicester, the nearest station is Leicester, 2.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 42, Richmond Road, Leicester, 39.2% of property is privately owned with a mortgage and 34.5% is privately rented.
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 42, Richmond Road, Leicester, 19.7% of residents are recorded as possessing school level qualifications and 38.9% 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 42, Richmond Road, Leicester, the average age was 34.5 and the most common age was 32.
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 42, Richmond Road, Leicester, 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 42, Richmond Road, Leicester, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
