408B, Narborough Road
408B, Narborough Road
Description & Estimates
408B, Narborough Road, Leicester is described in the public record as a period apartment with 387 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of 408B, Narborough Road, Leicester is £69,073 and its rental estimate is £559 per month, given the available information and assuming reasonable condition.
408, Narborough Road is a residential building on Narborough Road, Leicester, LE3 and falls within the LE3 postal district.
Our Data Sources
408B, Narborough Road, Leicester has no records in the the Land Registry and a single entry in the EPC database dated April 2019.
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 408B, Narborough Road, Leicester, we estimate a market value of £72,526 and a rental value of £587 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £64,238 and £520 per month respectively.
Recent Market Change
Over the last year, 408B, Narborough Road, Leicester has seen its estimated sale value decline by £149 (0.2%) and its estimated rental value climb by £19 per month (3.4%). This results in an estimated gross rental yield of 9.7%.
Energy Efficiency
408B, Narborough Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Apr 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 408B, Narborough Road, Leicester have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd October 2018, was Flat 1, 420, Narborough Road, Leicester, LE3 2FR, a leasehold flat which sold for £185,000.
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 457 addresses on Narborough Road, Leicester, LE3, 408B, Narborough Road, Leicester comes out as the 371st largest and the 435th most expensive in our analysis of the public data.
It is also £152k less expensive than the average property across the LE3 district.
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Schools Nearby
- 300mSt Mary's Fields Academy
- 600mFolville Junior School
- 700mImperial Avenue Infant School
- 500mFullhurst Community College
- 1.8kmThe Winstanley School
- 2.2kmCastle Mead Academy
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Public Transport Nearby
From 408B, Narborough Road, Leicester, the nearest station is Leicester, 2.7 kilometres away.
- 2.7kmLeicester
- 4.4kmSouth Wigston
- 6.0kmNarborough
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.
