3, Watergate Lane
3, Watergate Lane
Description & Estimates
3, Watergate Lane, Leicester is recorded publicly as a mid-century freehold house across 602 ft2 of internal area, sitting on a 516 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 3, Watergate Lane, Leicester is £270,905 and its rental estimate is £873 per month, given the available information and assuming reasonable condition.
Watergate Lane, Leicester, LE3 falls within the LE3 postal district, in the borough of Blaby.
Our Data Sources
3, Watergate Lane, Leicester has 21 entries in the Land Registry , most recently in July 2017 and a single entry in the EPC database dated February 2017.
We combine this information with that 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
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 3, Watergate Lane, Leicester, we estimate a market value of £284,450 and a rental value of £917 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £251,942 and £812 per month respectively.
Recent Market Change
Over the last year, 3, Watergate Lane, Leicester has seen its estimated sale value move up by £477 (0.2%) and its estimated rental value increase by £31 per month (3.5%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 3, Watergate Lane, Leicester as measuring 516 m2.
That makes it the 4th largest plot in the postcode, where 27 of the 29 other houses have recorded plot data.
Energy Efficiency
3, Watergate Lane, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Feb 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Watergate Lane, Leicester completed on 14th July 2017 at £197,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 11.1% over the period since July 2017.
- Sold Jul 2017£197,000
- Sold Dec 2002£98,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Watergate Lane, Leicester have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st February 2025, was 131, Lubbesthorpe Road, Leicester, LE3 2XF, a freehold house which sold for £245,000.
Read more about house prices in LE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 93 addresses on Watergate Lane, Leicester, LE3, 3, Watergate Lane, Leicester comes out as the 76th largest and the 36th most expensive in our analysis of the public data.
It is also £50k more expensive than the average property across the LE3 district.
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Schools Nearby
- 400mMillfield L.E.A.D. Academy
- 800mRavenhurst Primary School
- 1.5kmCaldecote Community Primary School
- 1.4kmThe Winstanley School
- 2.5kmFullhurst Community College
- 2.5kmBrockington College
More reading links
Public Transport Nearby
From 3, Watergate Lane, Leicester, the nearest station is Narborough, 4.0 kilometres away.
- 4.0kmNarborough
- 4.1kmSouth Wigston
- 4.8kmLeicester
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
