56 Newmarket Street

    56, NEWMARKET STREET, LEICESTER, LE2 3WQ

    This detached freehold property on Newmarket Street last sold in November 2016 for £336,000. Based on price growth in the LE2 district since then, its estimated current value is £505,065 — placing it in the 79th percentile nationally and the 89th percentile within LE2. The property covers 115 m² (1,238 sq ft), giving an estimated value of £4,392 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,238 sq ft

    115 m²

    Last Sale Price

    £336,000

    Nov 2016

    Estimated Valuation

    £505,065

    Est. £/sq ft

    £408/sq ft

    £4,392/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formNot available
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentC
    EPC potentialB
    Floor area1,238 sq ft (115 m²)
    EPC dateJan 2016
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Nov 2016

    £336,000

    Key Metrics

    Estimated valuation£505,065
    Value per sq ft / m²£408/sq ft (£4,392/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE2 district percentile89th percentile
    National percentile79th 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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