Flat 3, 20
Flat 3, 20
Description & Estimates
Public records show Flat 3, 20, The Newarke, Leicester to be a modern leasehold apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 3, 20, The Newarke, Leicester has an estimated sale value of £110,528 and an estimated rental value of £812 per month, assuming reasonable condition and based on the information available.
The apartment sits within 20, The Newarke, Leicester, LE2.
The Newarke, Leicester, LE2 lies within the LE2 postal district.
Our Data Sources
Flat 3, 20, The Newarke, Leicester has 31 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated March 2017.
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.
Price Range & Condition
In very good condition, we estimate Flat 3, 20, The Newarke, Leicester would be worth £116,054, with a potential rental value of £852 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £102,791, with a rental value of £755 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 3, 20, The Newarke, Leicester has moved down by £399 (0.4%) over the last year. During the same period, its estimated monthly rental value has increased by £27 (3.3%). The property's estimated gross yield is currently 8.8%.
Energy Efficiency
Flat 3, 20, The Newarke, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Mar 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 3, 20, The Newarke, Leicester last changed hands on 25th August 2023, selling for £103,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 2.0% since August 2023.
- Sold Aug 2023£103,000
- Sold Aug 2017£100,000
- Sold Mar 2004£87,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of Flat 3, 20, The Newarke, Leicester across the last 2 years.
Most recently, Flat 11, 20, The Newarke, Leicester, LE2 7BY, a leasehold flat, sold at £90,000 on the 30th June 2023.
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
Our analysis of the public data ranks Flat 3, 20, The Newarke, Leicester as the 14th largest and the 14th most expensive of the 20 addresses on The Newarke, Leicester, LE2.
Against the LE2 postcode district average, it is £168k less expensive than the typical property.
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Schools Nearby
- 500mKing Richard III Infant and Nursery School
- 600mShaftesbury Junior School
- 900mHazel Community Primary School
- 700mCastle Mead Academy
- 1.5kmFullhurst Community College
- 1.5kmMoat Community College
More reading links
Public Transport Nearby
Leicester station is the nearest stop to Flat 3, 20, The Newarke, Leicester at 1.1 kilometres away.
- 1.1kmLeicester
- 5.4kmSouth Wigston
- 7.8kmNarborough
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
