Flat 4, 195
Flat 4, 195
Description & Estimates
Flat 4, 195, Narborough Road, Leicester is recorded publicly as a period leasehold apartment across 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, 195, Narborough Road, Leicester is £79,286 and its rental estimate is £641 per month, given the available information and assuming reasonable condition.
195, Narborough Road is a residential building on Narborough Road, Leicester, LE3 and falls within the LE3 postal district.
Our Data Sources
Flat 4, 195, Narborough Road, Leicester has a single entry in the Land Registry from December 2015 and a single entry in the EPC database dated November 2018.
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
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 4, 195, Narborough Road, Leicester, we estimate a market value of £83,251 and a rental value of £674 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £73,736 and £597 per month respectively.
Recent Market Change
Over the last year, Flat 4, 195, Narborough Road, Leicester has seen its estimated sale value decline by £345 (0.4%) and its estimated rental value climb by £21 per month (3.2%). This results in an estimated gross rental yield of 9.7%.
Energy Efficiency
Flat 4, 195, Narborough Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Flat 4, 195, Narborough Road, Leicester completed on 11th December 2015 at £60,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 61.9% over the period since December 2015.
- Sold Dec 2015£60,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 4, 195, Narborough Road, Leicester has sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th December 2021, was Flat 5, 195, Narborough Road, Leicester, LE3 0PE, a leasehold flat which sold for £79,500.
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 457 addresses on Narborough Road, Leicester, LE3, Flat 4, 195, Narborough Road, Leicester comes out as the 243rd largest and the 406th most expensive in our analysis of the public data.
It is also £142k less expensive than the average property across the LE3 district.
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Schools Nearby
- 600mImperial Avenue Infant School
- 600mShaftesbury Junior School
- 600mSt Mary's Fields Academy
- 500mFullhurst Community College
- 1.5kmCastle Mead Academy
- 2.2kmBrook Mead Academy
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Public Transport Nearby
From Flat 4, 195, Narborough Road, Leicester, the nearest station is Leicester, 2.1 kilometres away.
- 2.1kmLeicester
- 4.9kmSouth Wigston
- 6.8kmNarborough
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.
