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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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7, Park Vale Road, Leicester is recorded publicly as a period freehold house across 1,711 ft2 of internal area, sitting on a 120 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 7, Park Vale Road, Leicester is £323,712 and its rental estimate is £1,472 per month, given the available information and assuming reasonable condition.
Park Vale Road, Leicester, LE5 falls within the LE5 postal district.
7, Park Vale Road, Leicester has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated December 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.
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, Park Vale Road, Leicester, we estimate a market value of £339,898 and a rental value of £1,546 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £301,052 and £1,369 per month respectively.
Over the last year, 7, Park Vale Road, Leicester has seen its estimated sale value decline by £4,788 (1.5%) and its estimated rental value climb by £48 per month (3.2%). This results in an estimated gross rental yield of 5.5%.
HM Land Registry records the plot of land for 7, Park Vale Road, Leicester as measuring 120 m2.
That makes it the 4th largest plot in the postcode, where all 21 other houses have recorded plot data.
7, Park Vale Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Dec 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 7, Park Vale Road, Leicester completed on 21st February 2024 at £330,000 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 25.1% over the period since February 2024.
Over the past 2 years 3 properties similar to 7, Park Vale Road, Leicester have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th December 2023, was 174, Mere Road, Leicester, LE5 5GN, a freehold house which sold for £332,000.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 35 addresses on Park Vale Road, Leicester, LE5, 7, Park Vale Road, Leicester comes out as the 6th largest and the 9th most expensive in our analysis of the public data.
It is also £53k more expensive than the average property across the LE5 district.
From 7, Park Vale Road, Leicester, the nearest station is Leicester, 1.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Park Vale Road, Leicester, 40.2% of property is privately owned outright and 36.6% is privately rented.
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 7, Park Vale Road, Leicester, 30.9% of residents are recorded as possessing school level qualifications and 21.8% 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 7, Park Vale Road, Leicester, the average age was 33.9 and the most common age was 22.
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 7, Park Vale 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 7, Park Vale Road, Leicester, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
