Flat 2, 24
Flat 2, 24
Description & Estimates
Flat 2, 24, Severn Street, Leicester is described in the public record as a period apartment with 258 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 2, 24, Severn Street, Leicester is £233,630 and its rental estimate is £1,208 per month, given the available information and assuming reasonable condition.
24, Severn Street is a residential building on Severn Street, Leicester, LE2 and falls within the LE2 postal district.
Our Data Sources
Flat 2, 24, Severn Street, Leicester has no records in the the Land Registry and a single entry in the EPC database dated March 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.
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, 24, Severn Street, Leicester, we estimate a market value of £245,311 and a rental value of £1,268 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £217,276 and £1,123 per month respectively.
Recent Market Change
Over the last year, Flat 2, 24, Severn Street, Leicester has seen its estimated sale value grow by £368 (0.2%) and its estimated rental value climb by £49 per month (4.0%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
Flat 2, 24, Severn Street, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Mar 2020.
The property is not connected to mains gas and has mostly double glazing. It is heated using Room heaters, electric.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 300 metres of Flat 2, 24, Severn Street, Leicester, per the Land Registry and our network of Estate Agents.
The latest, on the 7th May 2024, was Hamilton House 31-33, Highfield Street, Leicester, LE2 1AD, a freehold house which sold for £850,000.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 104 addresses on Severn Street, Leicester, LE2, Flat 2, 24, Severn Street, Leicester comes out as the 101st largest and the 55th most expensive in our analysis of the public data.
It is also £45k less expensive than the average property across the LE2 district.
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Schools Nearby
- 200mSparkenhoe Community Primary School
- 300mMedway Community Primary School
- 400mUplands Junior L.E.A.D. Academy
- 400mMoat Community College
- 1.3kmMadani Girls' School
- 1.3kmMadani Boys School
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Public Transport Nearby
From Flat 2, 24, Severn Street, Leicester, the nearest station is Leicester, 500 metres away.
- 500mLeicester
- 5.3kmSouth Wigston
- 7.7kmSyston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
