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278, Beacon Road, Loughborough is recorded publicly as an early-century freehold house across 1,259 ft2 of internal area, sitting on a 595 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 278, Beacon Road, Loughborough is £469,112 and its rental estimate is £1,420 per month, given the available information and assuming reasonable condition.
Beacon Road, Loughborough, LE11 falls within the LE11 postal district, in the borough of Charnwood.
278, Beacon Road, Loughborough has 51 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 278, Beacon Road, Loughborough, we estimate a market value of £492,568 and a rental value of £1,491 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £436,274 and £1,320 per month respectively.
Over the last year, 278, Beacon Road, Loughborough has seen its estimated sale value fall by £694 (0.1%) and its estimated rental value move up by £20 per month (1.4%). This results in an estimated gross rental yield of 3.6%.
HM Land Registry records the plot of land for 278, Beacon Road, Loughborough as measuring 595 m2.
That makes it the 24th largest plot in the postcode, where 38 of the 42 other houses have recorded plot data.
278, Beacon Road, Loughborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Aug 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 278, Beacon Road, Loughborough completed on 17th January 2022 at £427,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 24.1% over the period since January 2022.
Over the past 2 years 3 properties similar to 278, Beacon Road, Loughborough have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th August 2024, was 290, Beacon Road, Loughborough, LE11 2RD, a freehold house which sold for £450,000.
Read more about house prices in LE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 236 addresses on Beacon Road, Loughborough, LE11, 278, Beacon Road, Loughborough comes out as the 117th largest and the 65th most expensive in our analysis of the public data.
It is also £223k more expensive than the average property across the LE11 district.
From 278, Beacon Road, Loughborough, the nearest station is Loughborough, 3.0 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 278, Beacon Road, Loughborough, 57.9% of property is privately owned outright and 34.2% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 278, Beacon Road, Loughborough, 20.9% of residents are recorded as possessing school level qualifications and 55.2% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 278, Beacon Road, Loughborough, the average age was 42.8 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 278, Beacon Road, Loughborough, 3.9% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 278, Beacon Road, Loughborough, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.