Flat 2, 48
Flat 2, 48
Description & Estimates
Flat 2, 48, Cambridge Street, Leicester is described in the public record as a modern apartment with 807 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 48, Cambridge Street, Leicester is £195,516 and its rental estimate is £1,089 per month, given the available information and assuming reasonable condition.
48, Cambridge Street is a residential building on Cambridge Street, Leicester, LE3 and falls within the LE3 postal district.
Our Data Sources
Flat 2, 48, Cambridge Street, Leicester has no records in the the Land Registry and a single entry in the EPC database dated September 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 Flat 2, 48, Cambridge Street, Leicester, we estimate a market value of £205,291 and a rental value of £1,144 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £181,830 and £1,013 per month respectively.
Recent Market Change
Over the last year, Flat 2, 48, Cambridge Street, Leicester has seen its estimated sale value fall by £851 (0.4%) and its estimated rental value move up by £35 per month (3.2%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
Flat 2, 48, Cambridge Street, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Sep 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 320 metres of Flat 2, 48, Cambridge Street, Leicester, per the Land Registry and our network of Estate Agents.
The latest, on the 18th August 2022, was 46, Cambridge Street, Leicester, LE3 0JP, a freehold house which sold for £190,000.
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 160 addresses on Cambridge Street, Leicester, LE3, Flat 2, 48, Cambridge Street, Leicester comes out as the 116th largest and the 101st most expensive in our analysis of the public data.
It is also £25k less expensive than the average property across the LE3 district.
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Schools Nearby
- 300mShaftesbury Junior School
- 600mKing Richard III Infant and Nursery School
- 700mImperial Avenue Infant School
- 700mFullhurst Community College
- 1.1kmCastle Mead Academy
- 1.9kmBrook Mead Academy
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Public Transport Nearby
From Flat 2, 48, Cambridge Street, Leicester, the nearest station is Leicester, 1.9 kilometres away.
- 1.9kmLeicester
- 5.1kmSouth Wigston
- 7.1kmNarborough
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.
