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According to the public record, 5, Carnation Road, Loughborough is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Carnation Road, Loughborough is £113,423 and the estimated rental value is £711 per month.
Carnation Road, Loughborough, LE11 is located in the borough of Charnwood within the LE11 postal district.
5, Carnation Road, Loughborough has 2 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 5, Carnation Road, Loughborough is in very good condition we estimate a sale value of £119,094 and a rental value of £746 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,483 and a rental value of £661 per month.
Over the last 12 months the sale value of 5 Carnation Road Loughborough has decreased by an estimated £434 (0.4%) and its rental value has increased by an estimated £8 per month (1.2%), giving an expected gross yield of 7.5%.
5, Carnation Road, Loughborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Carnation Road, Loughborough was last sold on 26th November 2021 for £100,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2021, the market for similar properties has dropped 20.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Carnation Road, Loughborough within a radius of 850 metres over the last 2 years.
The most recent example is 3, Hyacinth Close, Loughborough, LE11 2WD, a leasehold flat which sold for £97,500 on the 16th July 2021.
Read more about house prices in LE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carnation Road, Loughborough, LE11 has a total of 51 addresses. According to our analysis of all the public data, 5, Carnation Road, Loughborough is the 45th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in LE11.
The closest station to 5, Carnation Road, Loughborough is Loughborough station which is 2.6 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Carnation Road, Loughborough, % 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 5, Carnation Road, Loughborough, 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 5, Carnation Road, Loughborough, 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 5, Carnation Road, Loughborough, 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.