116 Vernon Road

    116, VERNON ROAD, LEICESTER, LE2 8GB

    This terraced freehold property on Vernon Road last sold in June 2023 for £165,500. Based on price growth in the LE2 district since then, its estimated current value is £172,451 — placing it in the 18th percentile nationally and the 17th percentile within LE2. The property covers 77 m² (829 sq ft), giving an estimated value of £2,240 per m². The EPC rating is G, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £165,500

    Jun 2023

    Estimated Valuation

    £172,451

    Est. £/sq ft

    £208/sq ft

    £2,240/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentG
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateMar 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    2 Jun 2023

    £165,500

    21 Oct 2015

    £73,500

    Key Metrics

    Estimated valuation£172,451
    Value per sq ft / m²£208/sq ft (£2,240/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE2 district percentile17th percentile
    National percentile18th 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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