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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 1, Spencefield Drive, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 2,037 ft2 of internal area and sits on a 786 m2 plot and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Spencefield Drive, Leicester is £449,813 and the estimated rental value is £1,757 per month.
Spencefield Drive, Leicester, LE5 is located within the LE5 postal district.
1, Spencefield Drive, Leicester has 31 entries in the Land Registry , most recently in April 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Spencefield Drive, Leicester is in very good condition we estimate a sale value of £472,303 and a rental value of £1,845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £418,326 and a rental value of £1,634 per month.
Over the last 12 months the sale value of 1 Spencefield Drive Leicester has decreased by an estimated £13,349 (3.0%) and its rental value has increased by an estimated £39 per month (2.2%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 1, Spencefield Drive, Leicester sits on a plot of 786m2.
We have plot size data on 25 out of 25 other houses in the postcode and 1, Spencefield Drive, Leicester sits on the largest plot.
According to HM Land Registry, 1, Spencefield Drive, Leicester was last sold on 19th April 2011 for £310,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since April 2011, the market for similar properties has risen 33.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Spencefield Drive, Leicester within a radius of 830 metres over the last 2 years.
The most recent example is 7, Chalvington Close, Leicester, LE5 6XT, a freehold house which sold for £510,000 on the 7th September 2023.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spencefield Drive, Leicester, LE5 has a total of 25 addresses. According to our analysis of all the public data, 1, Spencefield Drive, Leicester is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £182k more expensive than the average property in LE5.
The closest station to 1, Spencefield Drive, Leicester is Leicester station which is 3.7 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Spencefield Drive, Leicester, 43.9% of property is privately owned outright and 36.7% is privately owned with a mortgage.
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, Spencefield Drive, Leicester, 24.7% of residents are recorded as possessing school level qualifications and 35.5% 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 1, Spencefield Drive, Leicester, the average age was 41.6 and the most common age was 12.
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, Spencefield Drive, Leicester, 0.4% 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, Spencefield Drive, Leicester, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
