Flat 2, 1
Flat 2, 1
Description & Estimates
Flat 2, 1, Greetham Way, Leicester is recorded publicly as a modern leasehold apartment across 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 1, Greetham Way, Leicester is £145,587 and its rental estimate is £762 per month, given the available information and assuming reasonable condition.
1, Greetham Way is a residential building on Greetham Way, Syston, Leicester, LE7 and falls within the LE7 postal district and the borough of Charnwood.
Our Data Sources
Flat 2, 1, Greetham Way, Leicester has 2 entries in the Land Registry , most recently in December 2010 and a single entry in the EPC database dated October 2008.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 Flat 2, 1, Greetham Way, Leicester, we estimate a market value of £152,867 and a rental value of £801 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £135,396 and £709 per month respectively.
Recent Market Change
Over the last year, Flat 2, 1, Greetham Way, Leicester has seen its estimated sale value drop by £1,371 (0.9%) and its estimated rental value rise by £28 per month (3.7%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 2, 1, Greetham Way, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Oct 2008.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, 1, Greetham Way, Leicester completed on 14th December 2010 at £105,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 33.5% over the period since December 2010.
- Sold Dec 2010£105,000
- Sold May 2009£100,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 1, Greetham Way, Leicester have sold within a radius of 710 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2023, was 16A, Gloucester Avenue, Leicester, LE7 2EL, a leasehold flat which sold for £136,000.
Read more about house prices in LE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 19 addresses on Greetham Way, Syston, Leicester, LE7, Flat 2, 1, Greetham Way, Leicester comes out as the 14th largest and the 14th most expensive in our analysis of the public data.
It is also £213k less expensive than the average property across the LE7 district.
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Schools Nearby
- 500mThe Merton Primary School
- 1.3kmSt Peter and St Paul Church of England Academy
- 1.6kmThe Pochin School
- 1.3kmWreake Valley Academy
- 2.0kmThe Roundhill Academy
- 3.9kmThe Cedars Academy
More reading links
Public Transport Nearby
From Flat 2, 1, Greetham Way, Leicester, the nearest station is Syston, 1.3 kilometres away.
- 1.3kmSyston
- 5.2kmSileby
- 8.0kmLeicester
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
