42, Southey Close
42, Southey Close
Description & Estimates
42, Southey Close, Leicester is described in the public record as a mid-century apartment with 1,054 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 42, Southey Close, Leicester is £153,572 and its rental estimate is £847 per month, given the available information and assuming reasonable condition.
Southey Close, Leicester, LE4 falls within the LE4 postal district.
Our Data Sources
42, Southey Close, Leicester has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2021.
We combine this information with public data 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
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, Southey Close, Leicester, we estimate a market value of £161,251 and a rental value of £889 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £142,822 and £788 per month respectively.
Recent Market Change
Over the last year, 42, Southey Close, Leicester has seen its estimated sale value drop by £1,562 (1.0%) and its estimated rental value rise by £29 per month (3.4%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
42, Southey Close, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of 42, Southey Close, Leicester completed on 18th February 2004 at £59,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
- Sold Feb 2004£59,950
- Sold Jul 2002£44,500
- Sold Jun 1995£15,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, Southey Close, Leicester have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th January 2024, was 54, Southey Close, Leicester, LE4 6DT, a leasehold flat which sold for £150,000.
Read more about house prices in LE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 65 addresses on Southey Close, Leicester, LE4, 42, Southey Close, Leicester comes out as the 22nd largest and the 31st most expensive in our analysis of the public data.
It is also £99k less expensive than the average property across the LE4 district.
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Schools Nearby
- 100mCatherine Junior School
- 200mCatherine Infant School
- 500mTaylor Road Primary School
- 1.5kmMoat Community College
- 1.8kmSoar Valley College
- 1.9kmRushey Mead Academy
More reading links
Public Transport Nearby
From 42, Southey Close, Leicester, the nearest station is Leicester, 1.7 kilometres away.
- 1.7kmLeicester
- 5.9kmSyston
- 7.2kmSouth 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 medium, based on Environment Agency data.
