7, Musgrove Close
7, Musgrove Close
Description & Estimates
7, Musgrove Close, Leicester is described in the public record as a mid-century apartment with 538 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 7, Musgrove Close, Leicester is £102,139 and its rental estimate is £777 per month, given the available information and assuming reasonable condition.
Musgrove Close, Leicester, LE3 falls within the LE3 postal district.
Our Data Sources
7, Musgrove Close, Leicester has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 7, Musgrove Close, Leicester, we estimate a market value of £107,246 and a rental value of £815 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £94,989 and £722 per month respectively.
Recent Market Change
Over the last year, 7, Musgrove Close, Leicester has seen its estimated sale value move down by £445 (0.4%) and its estimated rental value increase by £25 per month (3.2%). This results in an estimated gross rental yield of 9.1%.
Energy Efficiency
7, Musgrove Close, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Musgrove Close, Leicester have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th September 2024, was 147, Norfolk Street, Leicester, LE3 5QL, a leasehold flat which sold for £90,000.
Read more about house prices in LE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 7 addresses on Musgrove Close, Leicester, LE3, 7, Musgrove Close, Leicester comes out as the 5th largest and the 7th most expensive in our analysis of the public data.
It is also £119k less expensive than the average property across the LE3 district.
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Schools Nearby
- 100mKing Richard III Infant and Nursery School
- 300mShaftesbury Junior School
- 1.0kmChrist the King Catholic Voluntary Academy
- 600mCastle Mead Academy
- 1.2kmFullhurst Community College
- 1.4kmBrook Mead Academy
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Public Transport Nearby
From 7, Musgrove Close, Leicester, the nearest station is Leicester, 1.7 kilometres away.
- 1.7kmLeicester
- 5.7kmSouth Wigston
- 7.7kmNarborough
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
