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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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According to the public record, 2B, Cedar Road, Leicester is a modern apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2B, Cedar Road, Leicester is £110,515 and the estimated rental value is £709 per month.
The apartment is within 2, Cedar Road, Leicester, LE2.
Cedar Road, Leicester, LE2 is located within the LE2 postal district.
2B, Cedar Road, Leicester has no records in the the Land Registry and a single entry in the EPC database dated September 2020.
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.
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 2B, Cedar Road, Leicester is in very good condition we estimate a sale value of £116,041 and a rental value of £744 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £102,779 and a rental value of £659 per month.
Over the last 12 months the sale value of 2B Cedar Road Leicester has decreased by an estimated £2,358 (2.1%) and its rental value has increased by an estimated £20 per month (2.8%), giving an expected gross yield of 7.7%.
2B, Cedar Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2B, Cedar Road, Leicester within a radius of 280 metres over the last 2 years.
The most recent example is Flat 1, 35, St. Albans Road, Leicester, LE2 1GF, a leasehold flat which sold for £865,000 on the 24th January 2017.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Road, Leicester, LE2 has a total of 109 addresses. According to our analysis of all the public data, 2B, Cedar Road, Leicester is the 37th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in LE2.
The closest station to 2B, Cedar Road, Leicester is Leicester station which is 1.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2B, Cedar Road, Leicester, 59.9% of property is privately rented and 28.0% is socially 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 2B, Cedar Road, Leicester, 36.2% of residents are recorded as possessing school level qualifications and 23.3% 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 2B, Cedar 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 2B, Cedar 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 2B, Cedar Road, Leicester, there are an average of 0.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
