55, Bannerman Road
55, Bannerman Road
Description & Estimates
55, Bannerman Road, Leicester appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 1,900 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of 55, Bannerman Road, Leicester is £366,261 and its rental estimate is £1,622 per month, given the available information and assuming reasonable condition.
Bannerman Road, Leicester, LE5 falls within the LE5 postal district.
Our Data Sources
55, Bannerman Road, Leicester has a single entry in the Land Registry from June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 55, Bannerman Road, Leicester, we estimate a market value of £384,574 and a rental value of £1,703 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £340,623 and £1,508 per month respectively.
Recent Market Change
Over the last year, 55, Bannerman Road, Leicester has seen its estimated sale value move down by £5,418 (1.5%) and its estimated rental value increase by £52 per month (3.2%). This results in an estimated gross rental yield of 5.3%.
Sold Prices
The most recent sale of 55, Bannerman Road, Leicester completed on 5th June 2007 at £275,000 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 62.8% over the period since June 2007.
- Sold Jun 2007£275,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 55, Bannerman Road, Leicester have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd September 2022, was 19, Baden Road, Leicester, LE5 5PA, a leasehold house which sold for £392,000.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 57 addresses on Bannerman Road, Leicester, LE5, 55, Bannerman Road, Leicester comes out as the 3rd largest and the most expensive in our analysis of the public data.
It is also £95k more expensive than the average property across the LE5 district.
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Schools Nearby
- 100mEvington Valley Primary School
- 200mMayflower Primary School
- 600mColeman Primary School
- 300mMadani Girls' School
- 300mMadani Boys School
- 800mCrown Hills Community College
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Public Transport Nearby
From 55, Bannerman Road, Leicester, the nearest station is Leicester, 1.8 kilometres away.
- 1.8kmLeicester
- 5.3kmSouth Wigston
- 7.8kmSyston
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.
