Flat 1 40 Avenue Road

    FLAT 1 40, AVENUE ROAD, LEICESTER, LE2 3EA

    This flat/maisonette leasehold property on Avenue Road last sold in November 2019 for £110,000. Based on price growth in the LE2 district since then, its estimated current value is £117,325 — placing it in the 6th percentile nationally and the 5th percentile within LE2. The property covers 50 m² (538 sq ft), giving an estimated value of £2,347 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £110,000

    Nov 2019

    Estimated Valuation

    £117,325

    Est. £/sq ft

    £218/sq ft

    £2,347/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area538 sq ft (50 m²)
    EPC dateNov 2020
    WallsCavity wall, filled cavity
    HeatingRoom heaters, electric

    Transaction History

    29 Nov 2019

    £110,000

    Key Metrics

    Estimated valuation£117,325
    Value per sq ft / m²£218/sq ft (£2,347/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE2 district percentile5th percentile
    National percentile6th percentile

    District Context — LE2

    LE2 covers central Leicester, including areas around the city centre and inner residential neighbourhoods. The district has a distinctly urban character with a significant student and young professional population, making it a hub for rentals and city living.

    Average Property Price - LE2

    £299,859

    42

    National percentile

    Average Net Household Income - LE2

    £33,369

    21

    National percentile

    10-Year Annualised Price Growth - LE2

    4.4%

    79

    National percentile

    10-Year Annualised Rent Growth - LE

    4.9%

    93

    National percentile

    View full analysis for LE2

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