15, Payne Street
15, Payne Street
Description & Estimates
The public record describes 15, Payne Street, Leicester as a modern apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
15, Payne Street, Leicester has an estimated sale value of £110,418 and an estimated rental value of £641 per month, assuming reasonable condition and based on the information available.
Payne Street, Leicester, LE4 lies within the LE4 postal district.
Our Data Sources
15, Payne Street, Leicester has no records in the the Land Registry and a single entry in the EPC database dated October 2016.
We combine this information with public data of neighbouring properties to estimate the property 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 15, Payne Street, Leicester would be worth £115,939, with a potential rental value of £673 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £102,688, with a rental value of £596 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 15, Payne Street, Leicester has decreased by £1,472 (1.3%) over the last year. During the same period, its estimated monthly rental value has grown by £21 (3.3%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
15, Payne Street, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Oct 2016.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 410 metres of 15, Payne Street, Leicester across the last 2 years.
Most recently, 179, Melton Road, Leicester, LE4 6QT, a leasehold flat, sold at £322,500 on the 21st July 2022.
Read more about house prices in LE4.
•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 15, Payne Street, Leicester as the 25th largest and the 28th most expensive of the 34 addresses on Payne Street, Leicester, LE4.
Against the LE4 postcode district average, it is £142k less expensive than the typical property.
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Schools Nearby
- 100mMellor Community Primary School
- 400mRushey Mead Primary School
- 500mSaint Patrick's Catholic Voluntary Academy
- 600mRushey Mead Academy
- 700mSoar Valley College
- 2.8kmMoat Community College
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Public Transport Nearby
Leicester station is the nearest stop to 15, Payne Street, Leicester at 3.1 kilometres away.
- 3.1kmLeicester
- 4.7kmSyston
- 8.1kmSileby
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
