Semi-Detached

36 BANKS ROAD

LEICESTER, LE2 8HA

£230,000

Location

Map view View on Google Maps View on OpenStreetMap Street View LE2 8HA

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Asda Express	0.1 miles
Bus stop	Hampshire Road	0.1 miles
University	University of Leicester	1.7 miles
Train station	South Wigston	1.7 miles
Hospital	Stewart House	3.0 miles

Property details

Tenure

Freehold

Property type

Semi-detached

Bedrooms

Bathrooms

Floor area

80 m²

EPC rating

Year built

England and Wales: 1930-1949

Last sold

£230,000 May 2026

Price per m²

£2,875/m²

Local average

£273,270 (109 sales)

Street crime

332 incidents within 1 mile (Jul 2026)

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: C

Inspection date: 04/11/2023

Expiry date: 03/11/2033

Current heating cost: £1,693/year

Potential heating cost: £1,437/year

Est. upgrade cost to C: £15,500

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Cavity wall insulation (£500 - £1,500)
Floor insulation (solid floor) (£4,000 - £6,000)
Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Price history

Event	Date	Price	Type	% change	Today’s value (HPI)	Action
Sold	15/05/2026	£230,000	Semi-detached	—	£228,398 to June 2026	View transaction

Historic listings

Listing and sale events only where we matched the listing page to a Land Registry sale already on record for this address.

Event	Date	Price
sold	01/01/2026	£230,000
listed	02/11/2023	£249,950
sold	01/01/1996	£41,500

Photos · Open listing

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address	Price	Date	Type
196 DUNCAN ROAD, LEICESTER, LE2 8EE	£325,000	18/12/2025	Semi-detached
46 SHROPSHIRE ROAD, LEICESTER, LE2 8HW	£230,000	21/11/2025	Semi-detached
49 DUNCAN ROAD, LEICESTER, LE2 8EG	£260,000	15/05/2025	Semi-detached
36 DUNCAN ROAD, LEICESTER, LE2 8ED	£242,000	24/01/2025	Semi-detached
5 CHESHIRE GARDENS, LEICESTER, LE2 8HD	£193,500	13/12/2023	Semi-detached
17 DISRAELI STREET, LEICESTER, LE2 8LX	£245,000	31/10/2023	Semi-detached
12 DUNCAN ROAD, LEICESTER, LE2 8ED	£237,000	31/10/2023	Semi-detached
1 HEREFORD ROAD, LEICESTER, LE2 8HG	£235,000	07/07/2023	Semi-detached
14 MIDDLESEX ROAD, LEICESTER, LE2 8HH	£241,000	14/06/2023	Semi-detached
39 MIDDLESEX ROAD, LEICESTER, LE2 8HN	£248,000	02/12/2022	Semi-detached
34 CHESHIRE GARDENS, LEICESTER, LE2 8HD	£230,000	16/11/2022	Semi-detached
17 CHESHIRE GARDENS, LEICESTER, LE2 8HD	£208,000	07/10/2022	Semi-detached
7 CHESHIRE GARDENS, LEICESTER, LE2 8HD	£220,000	30/09/2022	Semi-detached
58 CHESHIRE ROAD, LEICESTER, LE2 8HE	£260,000	23/09/2022	Semi-detached
16 BANKS ROAD, LEICESTER, LE2 8HA	£185,000	03/08/2022	Semi-detached
7 WORCESTER ROAD, LEICESTER, LE2 8HY	£225,000	20/07/2022	Semi-detached
608 AYLESTONE ROAD, LEICESTER, LE2 8JD	£315,000	09/06/2022	Semi-detached
32 LORRAINE ROAD, LEICESTER, LE2 8ER	£215,000	23/05/2022	Semi-detached
39 PAIGLE ROAD, LEICESTER, LE2 8HP	£329,000	17/05/2022	Semi-detached
56 ST ANNES DRIVE, LEICESTER, LE2 8HT	£286,500	11/05/2022	Semi-detached

Area average: £246,500 (20 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same bedrooms and property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 7.2%

10y growth 53.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Leicester. Series: Semi-detached. As of June 2026.

1y (index) 2.5%

5y (index) 17.4%

10y (index) 61.5%

Rental Range

Estimated market rent for Leicester. Low = conservative, Realistic = average, Optimistic = best case.

Low £922/mo

Realistic £1,024/mo

Optimistic £1,126/mo

Based on Local Authority from postcode lookup → Leicester.

LHA (30th percentile) floor for Leicester: Apr 2025 – Mar 2026

Rental Comparables

Residential lets in the area (all bedroom counts shown — none matched the 3-bedroom count for this property). Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Flat, Saffron Lane, LE2	£895/mo	2	0.53 miles	OpenRent

Average rent: £895/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.39%

Max investor price (0.8%) £111,875

Target investor price (1%) £89,500

Gross yield 4.7%

Cost-to-rent ratio 21.4×

Monthly cashflow £-125/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -2.3%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 2

Risk: In flood risk area

Environment Agency Flood Risk Areas (APSFR)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Plot: ~179 m² (0.04 acres)

Source: HM Land Registry INSPIRE Index Polygons.

Street-level crime

Category	Count
Violence and sexual offences	133
Anti-social behaviour	46
Criminal damage and arson	33
Public order	32
Vehicle crime	18
Other theft	17
Drugs	15
Shoplifting	11
Burglary	7
Other crime	7
Bicycle theft	5
Possession of weapons	5
Theft from the person	2
Robbery	1
Total incidents	332

Within 1 mile during Jul 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Granby Primary School	Primary	0.1 miles	Good — 6 Jul 2023
Montrose School	Primary	0.4 miles	— (Inspected (no overall grade))
Marriott Primary School	Primary	0.5 miles	Good — 29 Jun 2022
Ellesmere College	Other	0.7 miles	Good — 8 Jun 2017
Knighton Mead Primary Academy	Primary	0.7 miles	Good — 10 Mar 2016

FENSA

No FENSA certificates found for this address.

# 36 BANKS ROAD, LEICESTER, LE2 8HA

## Property details

- Slug: `9e37c00` (address key hash: `9e37c00deaf26ae2a15b4fe6b1c4167423ccff99`)
- Postcode: LE2 8HA
- Transactions on record: 1

- Tenure: Freehold
- Property type: Semi-detached
- Bedrooms: 3
- Bathrooms: 1
- Floor area: 80 m²
- EPC rating: D
- Year built: England and Wales: 1930-1949
- Last sold: £230,000 May 2026
- Price per m²: £2,875/m²
- Local average: £273,270 (109 sales)
- Street crime: 332 incidents within 1 mile (Jul 2026)

## Latest sale

- Price: £230,000
- Date: 2026-05-15
- Type: S
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** C
- **Expiry date:** 03/11/2033
- **Current heating cost:** £1,693/year
- **Est. upgrade cost to C:** £15,500

### Recommendations
- B (£500 - £1,500)
- W2 (£4,000 - £6,000)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9390-2274-4390-2707-4151)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-05-15 | £230,000 | Semi-detached | — | £228,398 (to June 2026) | [View](http://87.117.209.195:8080/house-prices/5340b1c5-8ca1-8052-e063-4804a8c06ee4) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 36 BANKS ROAD, LEICESTER, LE2 8HA | £230,000 | 15/05/2026 | Semi-detached |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [141578660](http://87.117.209.195:8080/listings/ca2a30c)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £230,000 |
| listed | 2023-11-02 | £249,950 |
| sold | 1996-01-01 | £41,500 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 196 DUNCAN ROAD, LEICESTER, LE2 8EE | £325,000 | 18/12/2025 | Semi-detached |
| 46 SHROPSHIRE ROAD, LEICESTER, LE2 8HW | £230,000 | 21/11/2025 | Semi-detached |
| 49 DUNCAN ROAD, LEICESTER, LE2 8EG | £260,000 | 15/05/2025 | Semi-detached |
| 36 DUNCAN ROAD, LEICESTER, LE2 8ED | £242,000 | 24/01/2025 | Semi-detached |
| 5 CHESHIRE GARDENS, LEICESTER, LE2 8HD | £193,500 | 13/12/2023 | Semi-detached |
| 17 DISRAELI STREET, LEICESTER, LE2 8LX | £245,000 | 31/10/2023 | Semi-detached |
| 12 DUNCAN ROAD, LEICESTER, LE2 8ED | £237,000 | 31/10/2023 | Semi-detached |
| 1 HEREFORD ROAD, LEICESTER, LE2 8HG | £235,000 | 07/07/2023 | Semi-detached |
| 14 MIDDLESEX ROAD, LEICESTER, LE2 8HH | £241,000 | 14/06/2023 | Semi-detached |
| 39 MIDDLESEX ROAD, LEICESTER, LE2 8HN | £248,000 | 02/12/2022 | Semi-detached |
| 34 CHESHIRE GARDENS, LEICESTER, LE2 8HD | £230,000 | 16/11/2022 | Semi-detached |
| 17 CHESHIRE GARDENS, LEICESTER, LE2 8HD | £208,000 | 07/10/2022 | Semi-detached |
| 7 CHESHIRE GARDENS, LEICESTER, LE2 8HD | £220,000 | 30/09/2022 | Semi-detached |
| 58 CHESHIRE ROAD, LEICESTER, LE2 8HE | £260,000 | 23/09/2022 | Semi-detached |
| 16 BANKS ROAD, LEICESTER, LE2 8HA | £185,000 | 03/08/2022 | Semi-detached |
| 7 WORCESTER ROAD, LEICESTER, LE2 8HY | £225,000 | 20/07/2022 | Semi-detached |
| 608 AYLESTONE ROAD, LEICESTER, LE2 8JD | £315,000 | 09/06/2022 | Semi-detached |
| 32 LORRAINE ROAD, LEICESTER, LE2 8ER | £215,000 | 23/05/2022 | Semi-detached |
| 39 PAIGLE ROAD, LEICESTER, LE2 8HP | £329,000 | 17/05/2022 | Semi-detached |
| 56 ST ANNES DRIVE, LEICESTER, LE2 8HT | £286,500 | 11/05/2022 | Semi-detached |

**Area average:** £246,500 (20 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 7.2%
- **10y growth:** 53.2%

## House Price Index (HM Land Registry)

*Official index for Leicester; Semi-detached series; as of June 2026.*

- **1y growth (index):** 2.5%
- **5y growth (index):** 17.4%
- **10y growth (index):** 61.5%

## Rental Range

*ONS Price Index of Private Rents (Leicester). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £922/mo
- **Realistic:** £1,024/mo
- **Optimistic:** £1,126/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Leicester (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets in the area (all bedroom counts shown — none matched the 3-bedroom count for this property). Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Saffron Lane, LE2 | £895/mo | 2 | 0.53 miles | OpenRent |

**Average rent: £895/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.39% (weak for cashflow)
- **Max investor price (0.8%):** £111,875
- **Target investor price (1%):** £89,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £895/mo).*

- **Gross yield:** 4.7%
- **Cost-to-rent:** 21.4×
- **Monthly cashflow:** £-125/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -2.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 2
- **Risk:** In flood risk area
- **Source:** Environment Agency Flood Risk Areas (APSFR)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 133 |
| Anti-social behaviour | 46 |
| Criminal damage and arson | 33 |
| Public order | 32 |
| Vehicle crime | 18 |
| Other theft | 17 |
| Drugs | 15 |
| Shoplifting | 11 |
| Burglary | 7 |
| Other crime | 7 |
| Bicycle theft | 5 |
| Possession of weapons | 5 |
| Theft from the person | 2 |
| Robbery | 1 |
| **Total incidents** | **332** |

*Within 1 mile during Jul 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Granby Primary School | Primary | 0.1 miles | Good — 6 Jul 2023 |
| Montrose School | Primary | 0.4 miles | — (Inspected (no overall grade)) |
| Marriott Primary School | Primary | 0.5 miles | Good — 29 Jun 2022 |
| Ellesmere College | Other | 0.7 miles | Good — 8 Jun 2017 |
| Knighton Mead Primary Academy | Primary | 0.7 miles | Good — 10 Mar 2016 |