Flat 7, 296 Road
Flat 7, 296 Road
Description & Estimates
The public record describes Flat 7, 296 Road, Leicester as a period apartment with 484 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 7, 296 Road, Leicester has an estimated sale value of £147,933 and an estimated rental value of £764 per month, assuming reasonable condition and based on the information available.
The apartment sits within 296, London Road, Oadby, Leicester, LE2.
London Road, Oadby, Leicester, LE2 lies within the LE2 postal district.
Our Data Sources
Flat 7, 296 Road, Leicester has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2018.
We combine this information with public data 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
In very good condition, we estimate Flat 7, 296 Road, Leicester would be worth £155,330, with a potential rental value of £802 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £137,578, with a rental value of £711 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 7, 296 Road, Leicester has declined by £534 (0.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £25 (3.3%). The property's estimated gross yield is currently 6.2%.
Energy Efficiency
Flat 7, 296 Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Feb 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 7, 296 Road, Leicester last changed hands on 14th August 2003, selling for £395,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Aug 2003£395,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 460 metres of Flat 7, 296 Road, Leicester across the last 2 years.
Most recently, Flat 11, De Montfort Court 6, Stoneygate Road, Leicester, LE2 2AB, a leasehold flat, sold at £126,000 on the 1st March 2024.
Read more about house prices in LE2.
- Sold Mar 2024£126,000 | 2 Bed FlatDe Montfort Court 6, Stoneygate RoadFlat 11, De Montfort Court 6, Stoneygate Road, Leicester, LE2 2AB
- Sold Nov 2019£120,000 | 2 Bed FlatDe Montfort Court 4, Stoneygate RoadFlat 26, De Montfort Court 4, Stoneygate Road, Leicester, LE2 2AB
- Sold Oct 2019£120,000 | 2 Bed FlatDe Montfort Court 8, Stoneygate RoadFlat 23, De Montfort Court 8, Stoneygate Road, Leicester, LE2 2AB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 7, 296 Road, Leicester as the 860th largest and the 436th most expensive of the 1312 addresses on London Road, Oadby, Leicester, LE2.
Against the LE2 postcode district average, it is £131k less expensive than the typical property.
More reading links
Schools Nearby
- 200mSt John the Baptist CofE Primary School
- 800mAvenue Primary School
- 900mSt Thomas More Catholic Voluntary Academy
- 1.2kmMadani Girls' School
- 1.2kmMadani Boys School
- 1.7kmMoat Community College
More reading links
Public Transport Nearby
Leicester station is the nearest stop to Flat 7, 296 Road, Leicester at 1.7 kilometres away.
- 1.7kmLeicester
- 4.4kmSouth Wigston
- 8.2kmNarborough
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
