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Flat 2, 195, Narborough Road, Leicester is recorded publicly as a period leasehold apartment across 721 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 2, 195, Narborough Road, Leicester is £85,014 and its rental estimate is £677 per month, given the available information and assuming reasonable condition.
195, Narborough Road is a residential building on Narborough Road, Leicester, LE3 and falls within the LE3 postal district.
Flat 2, 195, Narborough Road, Leicester has 31 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Flat 2, 195, Narborough Road, Leicester, we estimate a market value of £89,265 and a rental value of £711 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £79,063 and £629 per month respectively.
Over the last year, Flat 2, 195, Narborough Road, Leicester has seen its estimated sale value drop by £30 (0.0%) and its estimated rental value rise by £21 per month (3.2%). This results in an estimated gross rental yield of 9.6%.
Flat 2, 195, Narborough Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 May 2023.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
The most recent sale of Flat 2, 195, Narborough Road, Leicester completed on 18th January 2023 at £70,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 11.1% over the period since January 2023.
Over the past 2 years 2 properties similar to Flat 2, 195, Narborough Road, Leicester have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th December 2015, was Flat 4, 195, Narborough Road, Leicester, LE3 0PE, a leasehold flat which sold for £60,000.
Read more about house prices in LE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 457 addresses on Narborough Road, Leicester, LE3, Flat 2, 195, Narborough Road, Leicester comes out as the 216th largest and the 389th most expensive in our analysis of the public data.
It is also £136k less expensive than the average property across the LE3 district.
From Flat 2, 195, Narborough Road, Leicester, the nearest station is Leicester, 2.1 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 195, Narborough Road, Leicester, 83.5% of property is privately rented and 8.3% 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 Flat 2, 195, Narborough Road, Leicester, 21.1% of residents are recorded as possessing school level qualifications and 37.6% 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 Flat 2, 195, Narborough Road, Leicester, the average age was 32.4 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 Flat 2, 195, Narborough 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 Flat 2, 195, Narborough Road, Leicester, there are an average of 0.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.