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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Lorne Road, Leicester is £441,944 and the estimated rental value is £1,327 per month.
Lorne Road, Leicester, LE2 is located within the LE2 postal district.
3, Lorne Road, Leicester has 31 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated December 2019.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Lorne Road, Leicester is in very good condition we estimate a sale value of £464,041 and a rental value of £1,394 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,008 and a rental value of £1,235 per month.
Over the last 12 months the sale value of 3 Lorne Road Leicester has decreased by an estimated £3,503 (0.8%) and its rental value has increased by an estimated £40 per month (3.0%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 3, Lorne Road, Leicester sits on a plot of 179m2.
We have plot size data on 17 out of 17 other houses in the postcode and 3, Lorne Road, Leicester sits on the 5th largest plot.
3, Lorne Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Dec 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Lorne Road, Leicester was last sold on 4th August 2020 for £380,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since August 2020, the market for similar properties has risen 18.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Lorne Road, Leicester within a radius of 440 metres over the last 2 years.
The most recent example is 4, Lorne Road, Leicester, LE2 1YF, a freehold house which sold for £350,000 on the 21st September 2023.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lorne Road, Leicester, LE2 has a total of 126 addresses. According to our analysis of all the public data, 3, Lorne Road, Leicester is the 13th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £163k more expensive than the average property in LE2.
The closest station to 3, Lorne Road, Leicester is Leicester station which is 1.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Lorne Road, Leicester, 61.3% of property is privately rented and 20.2% is privately owned outright.
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 3, Lorne Road, Leicester, 57.8% of residents are recorded as possessing school level qualifications and 37.7% 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 3, Lorne Road, Leicester, the average age was 37 and the most common age was 22.
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 3, Lorne Road, Leicester, 0.0% 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 3, Lorne Road, Leicester, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.