16, Austin Lane
16, Austin Lane
Description & Estimates
16, Austin Lane, Leicester is recorded publicly as a modern freehold house across 1,948 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 16, Austin Lane, Leicester is £458,015 and its rental estimate is £1,799 per month, given the available information and assuming reasonable condition.
Austin Lane, Leicester, LE4 falls within the LE4 postal district.
Our Data Sources
16, Austin Lane, Leicester has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated June 2023.
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
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 16, Austin Lane, Leicester, we estimate a market value of £480,916 and a rental value of £1,889 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £425,954 and £1,673 per month respectively.
Recent Market Change
Over the last year, 16, Austin Lane, Leicester has seen its estimated sale value decrease by £6,448 (1.4%) and its estimated rental value grow by £57 per month (3.2%). This results in an estimated gross rental yield of 4.7%.
Energy Efficiency
16, Austin Lane, Leicester has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 02 Jun 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 16, Austin Lane, Leicester completed on 30th June 2023 at £490,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 14.7% over the period since June 2023.
- Sold Jun 2023£490,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Austin Lane, Leicester have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th July 2024, was 13, Phipps Road, Leicester, LE4 2WJ, a freehold house which sold for £499,950.
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
Of the 32 addresses on Austin Lane, Leicester, LE4, 16, Austin Lane, Leicester comes out as the largest and the most expensive in our analysis of the public data.
It is also £205k more expensive than the average property across the LE4 district.
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Schools Nearby
- 400mGlebelands Primary School
- 1.0kmRichard Hill Church of England Primary School
- 1.1kmHallam Fields, Birstall
- 2.2kmThe Cedars Academy
- 2.5kmThe Martin High School Anstey
- 2.6kmBabington Academy
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Public Transport Nearby
From 16, Austin Lane, Leicester, the nearest station is Syston, 5.0 kilometres away.
- 5.0kmSyston
- 5.9kmSileby
- 6.2kmLeicester
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
