5, Shepherds Reach
5, Shepherds Reach
Description & Estimates
5, Shepherds Reach, Leicester is recorded publicly as a modern freehold house across 1,786 ft2 of internal area, sitting on a 444 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5, Shepherds Reach, Leicester is £463,699 and its rental estimate is £1,892 per month, given the available information and assuming reasonable condition.
Shepherds Reach, Scraptoft, Leicester, LE7 falls within the LE7 postal district, in the borough of Harborough.
Our Data Sources
5, Shepherds Reach, Leicester has a single entry in the Land Registry from September 2018 and a single entry in the EPC database dated March 2018.
We combine this information with that 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 5, Shepherds Reach, Leicester, we estimate a market value of £486,884 and a rental value of £1,987 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £431,240 and £1,760 per month respectively.
Recent Market Change
Over the last year, 5, Shepherds Reach, Leicester has seen its estimated sale value decrease by £8,949 (1.9%) and its estimated rental value grow by £43 per month (2.3%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 5, Shepherds Reach, Leicester as measuring 444 m2.
That makes it the 2nd largest plot in the postcode, where 18 of the 27 other houses have recorded plot data.
Energy Efficiency
5, Shepherds Reach, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Mar 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Shepherds Reach, Leicester completed on 28th September 2018 at £400,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 40.6% over the period since September 2018.
- Sold Sep 2018£400,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Shepherds Reach, Leicester have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st May 2019, was 12, Bert Cole Lane, Leicester, LE7 9YL, a freehold house which sold for £410,000.
Read more about house prices in LE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 27 addresses on Shepherds Reach, Scraptoft, Leicester, LE7, 5, Shepherds Reach, Leicester comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £105k more expensive than the average property across the LE7 district.
More reading links
Schools Nearby
- 1.2kmScraptoft Valley Primary School
- 1.4kmFernvale Primary School
- 1.7kmWillowbrook Mead Primary Academy
- 1.1kmOrchard Mead Academy
- 3.1kmSt Paul's Catholic School, a Voluntary Academy
- 3.1kmThe City of Leicester College
More reading links
Public Transport Nearby
From 5, Shepherds Reach, Leicester, the nearest station is Syston, 5.9 kilometres away.
- 5.9kmSyston
- 6.2kmLeicester
- 9.9kmSouth 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 very low, based on Environment Agency data.
