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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
According to the public record, 5, Morcom Drive, Leicester is a modern freehold house with 1,819 ft2 of internal area and sits on a 423 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Morcom Drive, Leicester is £521,461 and the estimated rental value is £1,490 per month.
Morcom Drive, Leicester, LE2 is located within the LE2 postal district.
5, Morcom Drive, Leicester has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated May 2021.
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, Morcom Drive, Leicester is in very good condition we estimate a sale value of £547,534 and a rental value of £1,564 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £484,959 and a rental value of £1,385 per month.
Over the last 12 months the sale value of 5 Morcom Drive Leicester has decreased by an estimated £13,980 (2.7%) and its rental value has increased by an estimated £29 per month (2.0%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, 5, Morcom Drive, Leicester sits on a plot of 423m2.
We have plot size data on 17 out of 56 other houses in the postcode and 5, Morcom Drive, Leicester sits on the 8th largest plot.
5, Morcom Drive, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 May 2021.
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, Morcom Drive, Leicester was last sold on 25th June 2021 for £524,750 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has dropped 5.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Morcom Drive, Leicester within a radius of 660 metres over the last 2 years.
The most recent example is 15, Morcom Drive, Leicester, LE2 8BU, a freehold house which sold for £549,750 on the 24th May 2022.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morcom Drive, Leicester, LE2 has a total of 56 addresses. According to our analysis of all the public data, 5, Morcom Drive, Leicester is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £244k more expensive than the average property in LE2.
The closest station to 5, Morcom Drive, Leicester is South Wigston station which is 2.6 kilometres away.
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 5, Morcom Drive, Leicester, 37.3% of property is privately rented and 31.4% is privately owned with a mortgage.
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, Morcom Drive, Leicester, 13.0% of residents are recorded as possessing school level qualifications and 25.0% 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 5, Morcom Drive, Leicester, the average age was 40.8 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 5, Morcom Drive, 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 5, Morcom Drive, Leicester, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
