157, Lancaster Street
157, Lancaster Street
Description & Estimates
Public records show 157, Lancaster Street, Leicester to be a period freehold house with 807 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
157, Lancaster Street, Leicester has an estimated sale value of £225,499 and an estimated rental value of £1,116 per month, assuming reasonable condition and based on the information available.
Lancaster Street, Leicester, LE5 lies within the LE5 postal district.
Our Data Sources
157, Lancaster Street, Leicester has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated July 2020.
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.
Price Range & Condition
In very good condition, we estimate 157, Lancaster Street, Leicester would be worth £236,773, with a potential rental value of £1,172 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £209,714, with a rental value of £1,038 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 157, Lancaster Street, Leicester has decreased by £2,796 (1.2%) over the last year. During the same period, its estimated monthly rental value has grown by £44 (3.9%). The property's estimated gross yield is currently 5.9%.
Energy Efficiency
157, Lancaster Street, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
157, Lancaster Street, Leicester last changed hands on 11th March 2021, selling for £200,000. 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 risen by 24.8% since March 2021.
- Sold Mar 2021£200,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 450 metres of 157, Lancaster Street, Leicester across the last 2 years.
Most recently, 151, Lancaster Street, Leicester, LE5 4GE, a freehold house, sold at £235,000 on the 10th April 2024.
Read more about house prices in LE5.
- Sold Apr 2024£235,000 | 3 Bed House151, Lancaster Street, Leicester, LE5 4GE151, Lancaster Street, Leicester, LE5 4GE
- Sold Nov 2023£225,000 | 3 Bed House133, Lancaster Street, Leicester, LE5 4GE133, Lancaster Street, Leicester, LE5 4GE
- Sold Feb 2023£112,000 | 3 Bed House153, Lancaster Street, Leicester, LE5 4GE153, Lancaster Street, Leicester, LE5 4GE
•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 157, Lancaster Street, Leicester as the 73rd largest and the 75th most expensive of the 111 addresses on Lancaster Street, Leicester, LE5.
Against the LE5 postcode district average, it is £46k less expensive than the typical property.
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Schools Nearby
- 300mSt Barnabas CofE Primary School
- 500mSpinney Hill Primary School
- 700mBridge Junior School
- 1.1kmMadani Girls' School
- 1.1kmMadani Boys School
- 1.2kmCrown Hills Community College
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Public Transport Nearby
Leicester station is the nearest stop to 157, Lancaster Street, Leicester at 2.0 kilometres away.
- 2.0kmLeicester
- 6.4kmSyston
- 6.6kmSouth Wigston
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.
