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According to the public record, 62, Grace Road, Leicester is a period freehold house with 1,076 ft2 of internal area and sits on a 78.5 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 62, Grace Road, Leicester is £207,985 and the estimated rental value is £1,041 per month.
Grace Road, Leicester, LE2 is located within the LE2 postal district.
62, Grace Road, Leicester has 51 entries in the Land Registry , most recently in February 2021 and a single entry in the EPC database dated August 2014.
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 62, Grace Road, Leicester is in very good condition we estimate a sale value of £218,385 and a rental value of £1,093 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £193,426 and a rental value of £968 per month.
Over the last 12 months the sale value of 62 Grace Road Leicester has decreased by an estimated £3,753 (1.8%) and its rental value has increased by an estimated £28 per month (2.7%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 62, Grace Road, Leicester sits on a plot of 79m2.
We have plot size data on 16 out of 16 other houses in the postcode and 62, Grace Road, Leicester sits on the 9th largest plot.
62, Grace Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 62, Grace Road, Leicester was last sold on 24th February 2021 for £175,500 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since February 2021, the market for similar properties has risen 56.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Grace Road, Leicester within a radius of 410 metres over the last 2 years.
The most recent example is 58, Grace Road, Leicester, LE2 8AE, a freehold house which sold for £168,000 on the 17th August 2022.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grace Road, Leicester, LE2 has a total of 76 addresses. According to our analysis of all the public data, 62, Grace Road, Leicester is the 12th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in LE2.
The closest station to 62, Grace Road, Leicester is Leicester station which is 2.7 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 62, Grace Road, Leicester, 55.1% of property is privately rented and 26.3% 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 62, Grace Road, Leicester, 26.9% of residents are recorded as possessing school level qualifications and 34.2% 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 62, Grace Road, Leicester, the average age was 34.5 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 62, Grace Road, Leicester, 0.9% 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 62, Grace Road, Leicester, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
