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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
9, Rayleigh Way, Leicester is described in the public record as a mid-century house with 409 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 9, Rayleigh Way, Leicester is £151,114 and its rental estimate is £780 per month, given the available information and assuming reasonable condition.
Rayleigh Way, Leicester, LE5 falls within the LE5 postal district.
9, Rayleigh Way, Leicester has no records in the the Land Registry and a single entry in the EPC database dated November 2016.
We combine this information with public data 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 9, Rayleigh Way, Leicester, we estimate a market value of £158,670 and a rental value of £819 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £140,536 and £725 per month respectively.
Over the last year, 9, Rayleigh Way, Leicester has seen its estimated sale value move down by £1,229 (0.8%) and its estimated rental value increase by £32 per month (4.1%). This results in an estimated gross rental yield of 6.2%.
9, Rayleigh Way, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Nov 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties have sold within 710 metres of 9, Rayleigh Way, Leicester, per the Land Registry and our network of Estate Agents.
The latest, on the 1st December 2017, was 36, Rayleigh Green, Leicester, LE5 1SP, a freehold house which sold for £145,500.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 6 addresses on Rayleigh Way, Leicester, LE5, 9, Rayleigh Way, Leicester comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £120k less expensive than the average property across the LE5 district.
From 9, Rayleigh Way, Leicester, the nearest station is Syston, 5.4 kilometres away.
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 9, Rayleigh Way, Leicester, 50.4% of property is socially rented and 26.5% 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 9, Rayleigh Way, Leicester, 31.6% of residents are recorded as possessing school level qualifications and 13.0% 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 9, Rayleigh Way, Leicester, the average age was 36.2 and the most common age was 7.
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 9, Rayleigh Way, 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 9, Rayleigh Way, 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.
