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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
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According to the public record, 6, Phipps Road, Leicester is a modern freehold house with 1,420 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Phipps Road, Leicester is £388,022 and the estimated rental value is £1,427 per month.
Phipps Road, Leicester, LE4 is located within the LE4 postal district.
6, Phipps Road, Leicester has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated October 2023.
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 6, Phipps Road, Leicester is in very good condition we estimate a sale value of £407,423 and a rental value of £1,499 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,860 and a rental value of £1,327 per month.
Over the last 12 months the sale value of 6 Phipps Road Leicester has decreased by an estimated £15,410 (4.0%) and its rental value has increased by an estimated £27 per month (1.9%), giving an expected gross yield of 4.4%.
6, Phipps Road, Leicester has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 06 Oct 2023.
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, 6, Phipps Road, Leicester was last sold on 27th October 2023 for £420,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2023, the market for similar properties has dropped 17.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Phipps Road, Leicester within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 9, Phipps Road, Leicester, LE4 2WJ, a freehold house which sold for £399,950 on the 20th September 2024.
Read more about house prices in LE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Phipps Road, Leicester, LE4 has a total of 14 addresses. According to our analysis of all the public data, 6, Phipps Road, Leicester is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £139k more expensive than the average property in LE4.
The closest station to 6, Phipps Road, Leicester is Syston station which is 5.0 kilometres away.
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 6, Phipps Road, Leicester, 46.6% of property is privately owned with a mortgage and 45.2% is privately owned outright.
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 6, Phipps Road, Leicester, 19.2% of residents are recorded as possessing school level qualifications and 39.6% 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 6, Phipps Road, Leicester, the average age was 36.5 and the most common age was 37.
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 6, Phipps Road, 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 6, Phipps Road, Leicester, there are an average of 2.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
