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Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 36, 55, Watkin Road, Leicester is £151,699 and the estimated rental value is £766 per month.
The apartment is within 55, Watkin Road, Leicester, LE2.
Watkin Road, Leicester, LE2 is located within the LE2 postal district.
Flat 36, 55, Watkin Road, Leicester has 2 entries in the Land Registry , most recently in August 2016 and a single entry in the EPC database dated May 2021.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 36, 55, Watkin Road, Leicester is in very good condition we estimate a sale value of £159,284 and a rental value of £804 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £141,080 and a rental value of £713 per month.
Over the past 12 months, the estimated sale value of Flat 36, 55, Watkin Road, Leicester has climbed by £303 (0.2%), while its estimated rental value has risen by £27 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Flat 36, 55, Watkin Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 36, 55, Watkin Road, Leicester was last sold on 12th August 2016 for £121,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2016, the market for similar properties has risen by 25.6%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 36, 55, Watkin Road, Leicester within a radius of 380 metres over the last 2 years.
The most recent example is Flat 33, 55, Watkin Road, Leicester, LE2 7AZ, a leasehold flat which sold for £115,000 on the 29th February 2024.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Watkin Road, Leicester, LE2 has a total of 382 addresses. According to our analysis of all the public data, Flat 36, 55, Watkin Road, Leicester is the 321st largest and the 331st most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in LE2.
The closest station to Flat 36, 55, Watkin Road, Leicester is Leicester station, which is 1.8 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 36, 55, Watkin Road, Leicester, % of property is and % is .
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 36, 55, Watkin Road, Leicester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 36, 55, Watkin 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 36, 55, Watkin Road, Leicester, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.