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Lancaster Road is a residential street with 178 addresses.
It ranks as the 1206th largest and 36th most expensive of the 1,246 streets in the LE1 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 178 properties: 16 houses and 162 flats.
Lancaster Road is a residential street with 178 addresses.
It ranks as the 1206th largest and 36th most expensive of the 1,246 streets in the LE1 area. The dominant property type is a period house built between 1800 and 1911.
The street contains a total of 178 properties: 16 houses and 162 flats.
Sale prices range from £49,851 for 1 bedroom Leasehold flats (182 ft2) to £456,858 for 4 bedroom freehold houses with a garden (1,668 ft2) .
Monthly rental prices range from £404 pcm for 1 bed flats to £1,394 pcm for 4 bed houses.
The gross rental yield is between 3.5% and 9.7%.
The average value per square foot is £488.
The last sale on Lancaster Road sold for £285,000 on 15th December 2023. Since then prices are up an average of 1.6%.
The current average value in the street is £118,655.
The Lancaster Road Sales Market has increased by 43.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.7% | £118,655 |
| May 2025 | 0.7% | £119,433 |
| May 2024 | 0.2% | £118,577 |
| May 2023 | 2.7% | £118,346 |
| May 2022 | 7.2% | £115,203 |
| May 2021 | 7.7% | £107,421 |
| May 2020 | 3.3% | £99,705 |
| May 2019 | 4.5% | £96,515 |
| May 2018 | 5.7% | £92,371 |
| May 2017 | 5.4% | £87,424 |
| May 2016 | 6.1% | £82,947 |
| May 2015 | 4% | £78,148 |
| May 2014 | 6.4% | £75,130 |
| May 2013 | 0.3% | £70,641 |
| May 2012 | -0.4% | £70,433 |
| May 2011 | -0.9% | £70,747 |
| May 2010 | 7% | £71,375 |
| May 2009 | -13.6% | £66,685 |
| May 2008 | -2.2% | £77,155 |
| May 2007 | 0% | £78,854 |
The current average rental value in the street is £706.
The Lancaster Road Rental Market has increased by 54.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.1% | £706pcm |
| May 2025 | 4.4% | £685pcm |
| May 2024 | 7.9% | £656pcm |
| May 2023 | 8.8% | £608pcm |
| May 2022 | 7.6% | £559pcm |
| May 2021 | 3.8% | £519pcm |
| May 2020 | 1.9% | £500pcm |
| May 2019 | 3.1% | £491pcm |
| May 2018 | 2% | £476pcm |
| May 2017 | 2.3% | £467pcm |
| May 2016 | 2.8% | £456pcm |
| May 2015 | 2.6% | £444pcm |
| May 2014 | 2.1% | £433pcm |
| May 2013 | 1% | £424pcm |
| May 2012 | -1.1% | £420pcm |
| May 2011 | 3.9% | £425pcm |
| May 2010 | 4% | £409pcm |
| May 2009 | -7.9% | £393pcm |
| May 2008 | 2.8% | £426pcm |
| May 2007 | 0% | £415pcm |
The last sale was on 15th December 2023 for £285,000 and since then the market in the area has increased by 1.6%. The street has had a total of 20 sales since 1995.
Lancaster Road, Leicester, LE1 has seen 1 sale in the last three years and no sales in the last twelve months.
Lancaster Road, Leicester, LE1 is the 1206th largest and the 36th most expensive street in the LE1 area.
There are 4 postcodes on Lancaster Road, Leicester, LE1.
The closest station to Lancaster Road, Leicester, LE1 is Leicester station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Lancaster Road, Leicester, LE1, 52.2% of property is privately rented and 39.3% is socially rented.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Lancaster Road, Leicester, LE1, 32.1% of residents are recorded as possessing school level qualifications and 32.5% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Lancaster Road, Leicester, LE1, the average age was 27.6 and the most common age was 22.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Lancaster Road, Leicester, LE1, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Lancaster Road, Leicester, LE1, there are an average of 0.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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