115, Lancaster Street
115, Lancaster Street
Description & Estimates
115, Lancaster Street, Leicester is described in the public record as a period house with 742 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 115, Lancaster Street, Leicester is £239,109 and its rental estimate is £1,107 per month, given the available information and assuming reasonable condition.
Lancaster Street, Leicester, LE5 falls within the LE5 postal district.
Our Data Sources
115, Lancaster Street, Leicester has no records in the the Land Registry and a single entry in the EPC database dated April 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 115, Lancaster Street, Leicester, we estimate a market value of £251,064 and a rental value of £1,162 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £222,371 and £1,029 per month respectively.
Recent Market Change
Over the last year, 115, Lancaster Street, Leicester has seen its estimated sale value drop by £2,964 (1.2%) and its estimated rental value rise by £43 per month (3.9%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
115, Lancaster Street, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 115, Lancaster Street, Leicester have sold within a radius of 450 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th April 2024, was 151, Lancaster Street, Leicester, LE5 4GE, a freehold house which sold for £235,000.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 111 addresses on Lancaster Street, Leicester, LE5, 115, Lancaster Street, Leicester comes out as the 102nd largest and the 59th most expensive in our analysis of the public data.
It is also £32k less expensive than the average property across the LE5 district.
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Schools Nearby
- 300mSpinney Hill Primary School
- 500mSt Barnabas CofE Primary School
- 700mBridge Junior School
- 900mMadani Girls' School
- 900mMadani Boys School
- 1.1kmCrown Hills Community College
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Public Transport Nearby
From 115, Lancaster Street, Leicester, the nearest station is Leicester, 1.8 kilometres away.
- 1.8kmLeicester
- 6.4kmSouth Wigston
- 6.6kmSyston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
