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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, 2, Tower Street, Leicester is £174,917 and the estimated rental value is £999 per month.
The apartment is within 2, Tower Street, Leicester, LE1.
Tower Street, Leicester, LE1 is located within the LE1 postal district.
Flat 4, 2, Tower Street, Leicester has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2020.
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.
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 4, 2, Tower Street, Leicester is in very good condition we estimate a sale value of £183,663 and a rental value of £1,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £162,673 and a rental value of £929 per month.
Over the last 12 months the sale value of Flat 4 2 Tower Street Leicester has decreased by an estimated £761 (0.4%) and its rental value has increased by an estimated £32 per month (3.2%), giving an expected gross yield of 6.9%.
Flat 4, 2, Tower Street, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2020.
The property is connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 4, 2, Tower Street, Leicester was last sold on 3rd December 2004 for £175,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 2, Tower Street, Leicester within a radius of 280 metres over the last 2 years.
The most recent example is Flat 1, 2, Tower Street, Leicester, LE1 6WR, a leasehold flat which sold for £150,000 on the 12th July 2019.
Read more about house prices in LE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tower Street, Leicester, LE1 has a total of 82 addresses. According to our analysis of all the public data, Flat 4, 2, Tower Street, Leicester is the 16th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in LE1.
The closest station to Flat 4, 2, Tower Street, Leicester is Leicester station which is 600 metres away.
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 4, 2, Tower Street, Leicester, 73.7% of property is socially rented and 23.2% is privately 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 4, 2, Tower Street, Leicester, 9.5% of residents are recorded as possessing school level qualifications and 24.3% 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 4, 2, Tower Street, Leicester, the average age was 27.6 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 4, 2, Tower Street, 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 4, 2, Tower Street, Leicester, there are an average of 0.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.