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Public records show 1, Austin Lane, Leicester to be a modern freehold house with 1,044 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
1, Austin Lane, Leicester has an estimated sale value of £312,225 and an estimated rental value of £1,272 per month, assuming reasonable condition and based on the information available.
Austin Lane, Leicester, LE4 lies within the LE4 postal district.
1, Austin Lane, Leicester has a single entry in the Land Registry from July 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 1, Austin Lane, Leicester would be worth £327,837, with a potential rental value of £1,336 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £290,369, with a rental value of £1,183 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 1, Austin Lane, Leicester has decreased by £5,214 (1.7%) over the last year. During the same period, its estimated monthly rental value has grown by £37 (2.9%). The property's estimated gross yield is currently 4.9%.
1, Austin Lane, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Jul 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
1, Austin Lane, Leicester last changed hands on 28th July 2023, selling for £295,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 10.0% since July 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of 1, Austin Lane, Leicester across the last 2 years.
Most recently, 4, Austin Lane, Leicester, LE4 2WN, a freehold house, sold at £294,500 on the 25th August 2023.
Read more about house prices in LE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 1, Austin Lane, Leicester as the 6th largest and the 6th most expensive of the 32 addresses on Austin Lane, Leicester, LE4.
Against the LE4 postcode district average, it is £60k more expensive than the typical property.
Syston station is the nearest stop to 1, Austin Lane, Leicester at 5.0 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Austin Lane, Leicester, 46.6% of property is privately owned with a mortgage and 45.2% is privately owned outright.
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 1, Austin Lane, Leicester, 19.2% of residents are recorded as possessing school level qualifications and 39.6% 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 1, Austin Lane, Leicester, the average age was 36.5 and the most common age was 37.
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 1, Austin Lane, Leicester, 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 1, Austin Lane, Leicester, there are an average of 2.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.