16 Newmarket Street

    16, NEWMARKET STREET, LEICESTER, LE2 3WQ

    This terraced freehold property on Newmarket Street last sold in December 2020 for £245,000. Based on price growth in the LE2 district since then, its estimated current value is £301,508 — placing it in the 50th percentile nationally and the 63rd percentile within LE2. The property covers 103 m² (1,109 sq ft), giving an estimated value of £2,927 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,109 sq ft

    103 m²

    Last Sale Price

    £245,000

    Dec 2020

    Estimated Valuation

    £301,508

    Est. £/sq ft

    £272/sq ft

    £2,927/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,109 sq ft (103 m²)
    EPC dateOct 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Dec 2020

    £245,000

    2 May 2014

    £160,000

    8 Jul 2005

    £139,500

    21 Dec 2000

    £75,000

    Key Metrics

    Estimated valuation£301,508
    Value per sq ft / m²£272/sq ft (£2,927/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE2 district percentile63rd percentile
    National percentile50th 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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