44, Banks Road
44, Banks Road
Description & Estimates
Public records show 44, Banks Road, Leicester to be an early-century freehold house with 731 ft2 of internal area, sitting on a 104 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
44, Banks Road, Leicester has an estimated sale value of £206,498 and an estimated rental value of £990 per month, assuming reasonable condition and based on the information available.
Banks Road, Leicester, LE2 lies within the LE2 postal district.
Our Data Sources
44, Banks Road, Leicester has 41 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 44, Banks Road, Leicester would be worth £216,823, with a potential rental value of £1,039 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £192,043, with a rental value of £920 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 44, Banks Road, Leicester has moved down by £949 (0.5%) over the last year. During the same period, its estimated monthly rental value has increased by £32 (3.2%). The property's estimated gross yield is currently 5.8%.
Plot Size
44, Banks Road, Leicester occupies a 104 m2 plot as recorded by HM Land Registry.
All 26 other houses in this postcode have recorded plot sizes, and this one ranks as the 24th largest.
Energy Efficiency
44, Banks Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
44, Banks Road, Leicester last changed hands on 11th January 2023, selling for £230,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 14.1% since January 2023.
- Sold Jan 2023£230,000
- Sold Jun 2000£40,750
- Sold Sep 1996£35,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 44, Banks Road, Leicester across the last 2 years.
Most recently, 26, Hereford Road, Leicester, LE2 8HG, a freehold house, sold at £256,000 on the 9th December 2024.
Read more about house prices in LE2.
•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 44, Banks Road, Leicester as the 26th largest and the 26th most expensive of the 26 addresses on Banks Road, Leicester, LE2.
Against the LE2 postcode district average, it is £72k less expensive than the typical property.
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Schools Nearby
- 200mGranby Primary School
- 600mMontrose School
- 800mMarriott Primary School
- 1.6kmLancaster Academy
- 1.6kmSir Jonathan North Girls' College
- 2.1kmFullhurst Community College
More reading links
Public Transport Nearby
South Wigston station is the nearest stop to 44, Banks Road, Leicester at 2.8 kilometres away.
- 2.8kmSouth Wigston
- 3.3kmLeicester
- 5.3kmNarborough
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
