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According to the public record, 40, Lancaster Road, Leicester is a period freehold house with 1,786 ft2 of internal area and sits on a 132 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Lancaster Road, Leicester is £321,132 and the estimated rental value is £1,394 per month.
Lancaster Road, Leicester, LE1 is located within the LE1 postal district.
40, Lancaster Road, Leicester has 51 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 40, Lancaster Road, Leicester is in very good condition we estimate a sale value of £337,188 and a rental value of £1,463 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £298,653 and a rental value of £1,296 per month.
Over the last 12 months the sale value of 40 Lancaster Road Leicester has decreased by an estimated £1,703 (0.5%) and its rental value has increased by an estimated £42 per month (3.0%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 40, Lancaster Road, Leicester sits on a plot of 132m2.
We have plot size data on 7 out of 8 other houses in the postcode and 40, Lancaster Road, Leicester sits on the 4th largest plot.
40, Lancaster Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Nov 2015.
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, 40, Lancaster Road, Leicester was last sold on 15th December 2023 for £285,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since December 2023, the market for similar properties has risen 22.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Lancaster Road, Leicester within a radius of 480 metres over the last 2 years.
The most recent example is 34, Tower Street, Leicester, LE1 6WS, a freehold house which sold for £210,000 on the 1st March 2024.
Read more about house prices in LE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Road, Leicester, LE1 has a total of 178 addresses. According to our analysis of all the public data, 40, Lancaster Road, Leicester is the largest and the 8th most expensive property on the street.
When compared to the postcode district it is £100k more expensive than the average property in LE1.
The closest station to 40, Lancaster Road, Leicester is Leicester station which is 600 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Lancaster Road, Leicester, 52.2% of property is privately rented and 39.3% is socially rented.
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 40, Lancaster Road, Leicester, 32.1% of residents are recorded as possessing school level qualifications and 32.5% 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 40, Lancaster Road, Leicester, the average age was 27.6 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 40, Lancaster 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 40, Lancaster Road, Leicester, there are an average of 0.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
