1, Watergate Lane
1, Watergate Lane
Description & Estimates
The public record lists 1, Watergate Lane, Leicester as a freehold house sitting on a 458 m2 plot.
Comparison with its neighbours suggests a mid-century house with 1,159 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
1, Watergate Lane, Leicester has an estimated sale value of £397,308 and an estimated rental value of £1,150 per month, assuming reasonable condition and based on the information available.
Watergate Lane, Leicester, LE3 lies in the borough of Blaby, within the LE3 postal district.
Our Data Sources
1, Watergate Lane, Leicester has 31 entries in the Land Registry , most recently in March 2015 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 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1, Watergate Lane, Leicester would be worth £417,174, with a potential rental value of £1,207 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £369,497, with a rental value of £1,069 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Watergate Lane, Leicester has moved down by £3,558 (0.9%) over the last year. During the same period, its estimated monthly rental value has increased by £28 (2.4%). The property's estimated gross yield is currently 3.5%.
Plot Size
1, Watergate Lane, Leicester occupies a 458 m2 plot as recorded by HM Land Registry.
Of the 29 other houses in this postcode, 27 have recorded plot sizes, and this one ranks as the 7th largest.
Sold Prices
1, Watergate Lane, Leicester last changed hands on 27th March 2015, selling for £174,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 39.3% since March 2015.
- Sold Mar 2015£174,000
- Sold Nov 2009£171,000
- Sold Sep 2000£86,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of 1, Watergate Lane, Leicester across the last 2 years.
Most recently, 39, The Osiers, Leicester, LE3 2XN, a freehold house, sold at £363,000 on the 5th March 2026.
Read more about house prices in LE3.
- Sold Mar 2026£363,000 | 4 Bed House39, The Osiers, Leicester, LE3 2XN39, The Osiers, Leicester, LE3 2XN
- Sold Dec 2024£335,000 | 4 Bed House98, Kingsway, Leicester, LE3 2TT98, Kingsway, Leicester, LE3 2TT
- Sold May 2022£257,000 | 4 Bed House44, The Osiers, Leicester, LE3 2XN44, The Osiers, Leicester, LE3 2XN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Watergate Lane, Leicester as the 16th largest and the 2nd most expensive of the 93 addresses on Watergate Lane, Leicester, LE3.
Against the LE3 postcode district average, it is £176k more expensive than the typical property.
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Schools Nearby
- 400mMillfield L.E.A.D. Academy
- 800mRavenhurst Primary School
- 1.5kmCaldecote Community Primary School
- 1.4kmThe Winstanley School
- 2.5kmFullhurst Community College
- 2.5kmBrockington College
More reading links
Public Transport Nearby
Narborough station is the nearest stop to 1, Watergate Lane, Leicester at 4.0 kilometres away.
- 4.0kmNarborough
- 4.1kmSouth Wigston
- 4.8kmLeicester
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
