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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Severn Road, Leicester is £154,790 and the estimated rental value is £783 per month.
Severn Road, Oadby, Leicester, LE2 is located in the borough of Oadby and Wigston within the LE2 postal district.
42, Severn Road, Leicester has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2021.
We combine this information with public data 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 42, Severn Road, Leicester is in very good condition we estimate a sale value of £162,529 and a rental value of £823 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,954 and a rental value of £729 per month.
Over the last 12 months the sale value of 42 Severn Road Leicester has decreased by an estimated £558 (0.4%) and its rental value has increased by an estimated £26 per month (3.3%), giving an expected gross yield of 6.1%.
42, Severn Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Aug 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
According to HM Land Registry, 42, Severn Road, Leicester was last sold on 21st April 2006 for £85,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 42, Severn Road, Leicester within a radius of 710 metres over the last 2 years.
The most recent example is 23A, Fairfield Road, Leicester, LE2 4NF, a leasehold flat which sold for £225,000 on the 29th September 2017.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Severn Road, Oadby, Leicester, LE2 has a total of 116 addresses. According to our analysis of all the public data, 42, Severn Road, Leicester is the 101st largest and the 114th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in LE2.
The closest station to 42, Severn Road, Leicester is South Wigston station which is 5.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 42, Severn Road, Leicester, % of property is and % is .
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, Severn Road, Leicester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Severn 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, Severn Road, Leicester, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.