196 Vernon Road

    196, VERNON ROAD, LEICESTER, LE2 8GD

    This terraced freehold property on Vernon Road last sold in May 2022 for £243,000. Based on price growth in the LE2 district since then, its estimated current value is £254,367 — placing it in the 38th percentile nationally and the 49th percentile within LE2. The property covers 81 m² (872 sq ft), giving an estimated value of £3,140 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £243,000

    May 2022

    Estimated Valuation

    £254,367

    Est. £/sq ft

    £292/sq ft

    £3,140/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageC
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area872 sq ft (81 m²)
    EPC dateSept 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 May 2022

    £243,000

    25 Jul 2008

    £135,000

    16 Nov 2001

    £50,750

    3 Dec 1999

    £37,500

    Key Metrics

    Estimated valuation£254,367
    Value per sq ft / m²£292/sq ft (£3,140/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE2 district percentile49th percentile
    National percentile38th 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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