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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
88, Romway Road, Leicester is recorded publicly as a mid-century freehold house across 2,195 ft2 of internal area, sitting on a 539 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 88, Romway Road, Leicester is £553,067 and its rental estimate is £1,825 per month, given the available information and assuming reasonable condition.
Romway Road, Leicester, LE5 falls within the LE5 postal district.
88, Romway Road, Leicester has 31 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated December 2016.
We combine this information with that 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.
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 88, Romway Road, Leicester, we estimate a market value of £580,720 and a rental value of £1,917 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £514,352 and £1,698 per month respectively.
Over the last year, 88, Romway Road, Leicester has seen its estimated sale value move down by £8,181 (1.5%) and its estimated rental value increase by £59 per month (3.2%). This results in an estimated gross rental yield of 4.0%.
HM Land Registry records the plot of land for 88, Romway Road, Leicester as measuring 539 m2.
That makes it the 3rd largest plot in the postcode, where all 20 other houses have recorded plot data.
88, Romway Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Dec 2016.
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 88, Romway Road, Leicester completed on 19th January 2018 at £360,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 15.4% over the period since January 2018.
Over the past 2 years 3 properties similar to 88, Romway Road, Leicester have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st December 2021, was 67, Romway Road, Leicester, LE5 5SE, a freehold house which sold for £500,000.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 101 addresses on Romway Road, Leicester, LE5, 88, Romway Road, Leicester comes out as the 10th largest and the 8th most expensive in our analysis of the public data.
It is also £282k more expensive than the average property across the LE5 district.
From 88, Romway Road, Leicester, the nearest station is Leicester, 2.5 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 88, Romway Road, Leicester, 52.8% of property is privately owned outright and 28.0% 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 88, Romway Road, Leicester, 23.7% of residents are recorded as possessing school level qualifications and 29.7% 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 88, Romway Road, Leicester, the average age was 34.7 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 88, Romway 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 88, Romway Road, Leicester, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
