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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
Flat 2, 34, Severn Street, Leicester is described in the public record as a period apartment with 400 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 2, 34, Severn Street, Leicester is £89,543 and its rental estimate is £557 per month, given the available information and assuming reasonable condition.
34, Severn Street is a residential building on Severn Street, Leicester, LE2 and falls within the LE2 postal district.
Flat 2, 34, Severn Street, Leicester has no records in the the Land Registry and a single entry in the EPC database dated August 2010.
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.
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, 34, Severn Street, Leicester, we estimate a market value of £94,020 and a rental value of £585 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £83,275 and £518 per month respectively.
Over the last year, Flat 2, 34, Severn Street, Leicester has seen its estimated sale value grow by £141 (0.2%) and its estimated rental value climb by £22 per month (4.0%). This results in an estimated gross rental yield of 7.5%.
Flat 2, 34, Severn Street, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Aug 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to Flat 2, 34, Severn Street, Leicester have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th January 2023, was Flat 1, 3, Mill Hill Lane, Leicester, LE2 1AH, a leasehold flat which sold for £284,000.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 104 addresses on Severn Street, Leicester, LE2, Flat 2, 34, Severn Street, Leicester comes out as the 66th largest and the 97th most expensive in our analysis of the public data.
It is also £189k less expensive than the average property across the LE2 district.
From Flat 2, 34, Severn Street, Leicester, the nearest station is Leicester, 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 34, Severn Street, Leicester, 52.6% of property is privately rented and 36.6% 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 Flat 2, 34, Severn Street, Leicester, 34.7% of residents are recorded as possessing school level qualifications and 23.1% 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, 34, Severn Street, Leicester, the average age was 33.2 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, 34, Severn Street, Leicester, 0.4% 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, 34, Severn Street, 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.
