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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 401, Saffron Lane, Leicester is £202,836 and the estimated rental value is £999 per month.
Saffron Lane, Leicester, LE2 is located within the LE2 postal district.
401, Saffron Lane, Leicester has a single entry in the Land Registry from January 2019 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 401, Saffron Lane, Leicester is in very good condition we estimate a sale value of £212,978 and a rental value of £1,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £188,638 and a rental value of £929 per month.
Over the past 12 months, the estimated sale value of 401, Saffron Lane, Leicester has declined by £933 (0.5%), while its estimated rental value has climbed by £32 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 5.9%.
According to data from HM Land Registry, 401, Saffron Lane, Leicester sits on a plot of 126 m2.
We have plot size data on 21 out of 25 other houses in the postcode and 401, Saffron Lane, Leicester sits on the 20th largest plot.
401, Saffron Lane, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Nov 2018.
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, 401, Saffron Lane, Leicester was last sold on 14th January 2019 for £151,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2019, the market for similar properties has risen by 79.3%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 401, Saffron Lane, Leicester within a radius of 460 metres over the last 2 years.
The most recent example is 397, Saffron Lane, Leicester, LE2 6UF, a freehold house which sold for £245,000 on the 26th April 2022.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Saffron Lane, Leicester, LE2 has a total of 495 addresses. According to our analysis of all the public data, 401, Saffron Lane, Leicester is the 300th largest and the 222nd most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in LE2.
The closest station to 401, Saffron Lane, Leicester is South Wigston station, which is 2.7 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 401, Saffron Lane, Leicester, 60.4% of property is privately rented and 17.6% 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 401, Saffron Lane, Leicester, 25.4% of residents are recorded as possessing school level qualifications and 28.8% 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 401, Saffron Lane, Leicester, the average age was 34.5 and the most common age was 32.
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 401, Saffron Lane, 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 401, Saffron Lane, 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.