Flat 5, 20
Flat 5, 20
Description & Estimates
Flat 5, 20, The Newarke, Leicester is recorded publicly as a modern leasehold apartment across 505 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 5, 20, The Newarke, Leicester is £107,307 and its rental estimate is £790 per month, given the available information and assuming reasonable condition.
20, The Newarke is a residential building on The Newarke, Leicester, LE2 and falls within the LE2 postal district.
Our Data Sources
Flat 5, 20, The Newarke, Leicester has 2 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated March 2022.
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 5, 20, The Newarke, Leicester, we estimate a market value of £112,673 and a rental value of £830 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £99,796 and £735 per month respectively.
Recent Market Change
Over the last year, Flat 5, 20, The Newarke, Leicester has seen its estimated sale value decline by £387 (0.4%) and its estimated rental value climb by £26 per month (3.3%). This results in an estimated gross rental yield of 8.8%.
Energy Efficiency
Flat 5, 20, The Newarke, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Mar 2022.
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 5, 20, The Newarke, Leicester completed on 13th June 2023 at £110,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 2.4% over the period since June 2023.
- Sold Jun 2023£110,000
- Sold Apr 2017£95,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, 20, The Newarke, Leicester have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th August 2023, was Flat 3, 20, The Newarke, Leicester, LE2 7BY, a leasehold flat which sold for £103,000.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 20 addresses on The Newarke, Leicester, LE2, Flat 5, 20, The Newarke, Leicester comes out as the 17th largest and the 16th most expensive in our analysis of the public data.
It is also £172k less expensive than the average property across the LE2 district.
More reading links
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
From Flat 5, 20, The Newarke, Leicester, the nearest station is Leicester, 1.1 kilometres away.
- 1.1kmLeicester
- 5.4kmSouth Wigston
- 7.8kmNarborough
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.
