Flat 40, 37
Flat 40, 37
Description & Estimates
Flat 40, 37, Watkin Road, Leicester appears in the public record as a leasehold apartment.
By comparing it to nearby properties, we estimate it to be a modern apartment with 956 ft2 of internal area and a balcony.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 40, 37, Watkin Road, Leicester is £219,754 and its rental estimate is £1,081 per month, given the available information and assuming reasonable condition.
37, Watkin Road is a residential building on Watkin Road, Leicester, LE2 and falls within the LE2 postal district.
Our Data Sources
Flat 40, 37, Watkin Road, Leicester has 2 entries in the Land Registry , most recently in August 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 40, 37, Watkin Road, Leicester, we estimate a market value of £230,742 and a rental value of £1,135 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £204,371 and £1,005 per month respectively.
Recent Market Change
Over the last year, Flat 40, 37, Watkin Road, Leicester has seen its estimated sale value fall by £411 (0.2%) and its estimated rental value move up by £35 per month (3.2%). This results in an estimated gross rental yield of 5.9%.
Sold Prices
The most recent sale of Flat 40, 37, Watkin Road, Leicester completed on 11th August 2017 at £294,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 21.3% over the period since August 2017.
- Sold Aug 2017£294,950
- Sold Aug 2012£250,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 40, 37, Watkin Road, Leicester have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd February 2023, was Flat 37, 37, Watkin Road, Leicester, LE2 7AH, a leasehold flat which sold for £215,000.
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
Of the 382 addresses on Watkin Road, Leicester, LE2, Flat 40, 37, Watkin Road, Leicester comes out as the 68th largest and the 107th most expensive in our analysis of the public data.
It is also £59k less expensive than the average property across the LE2 district.
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Schools Nearby
- 600mSt Mary's Fields Academy
- 700mHazel Community Primary School
- 900mShaftesbury Junior School
- 900mFullhurst Community College
- 1.7kmCastle Mead Academy
- 2.2kmMoat Community College
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Public Transport Nearby
From Flat 40, 37, Watkin Road, Leicester, the nearest station is Leicester, 1.8 kilometres away.
- 1.8kmLeicester
- 4.5kmSouth Wigston
- 6.8kmNarborough
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.
