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Company No. 11113204
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According to the public record, 41, Lancaster Place, Leicester is a period freehold house with 947 ft2 of internal area and sits on a 220 m2 plot.
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 41, Lancaster Place, Leicester is £258,392 and the estimated rental value is £1,131 per month.
Lancaster Place, Leicester, LE1 is located within the LE1 postal district.
41, Lancaster Place, Leicester has 21 entries in the Land Registry , most recently in October 2009 and a single entry in the EPC database dated April 2016.
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 41, Lancaster Place, Leicester is in very good condition we estimate a sale value of £271,312 and a rental value of £1,188 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £240,305 and a rental value of £1,052 per month.
Over the last 12 months the sale value of 41 Lancaster Place Leicester has decreased by an estimated £1,309 (0.5%) and its rental value has increased by an estimated £34 per month (3.0%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 41, Lancaster Place, Leicester sits on a plot of 220m2.
We have plot size data on 18 out of 20 other houses in the postcode and 41, Lancaster Place, Leicester sits on the 8th largest plot.
41, Lancaster Place, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Apr 2016.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 41, Lancaster Place, Leicester was last sold on 6th October 2009 for £165,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2009, the market for similar properties has risen 63.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Lancaster Place, Leicester within a radius of 540 metres over the last 2 years.
The most recent example is 39, Lancaster Place, Leicester, LE1 7HB, a freehold house which sold for £240,500 on the 19th December 2023.
Read more about house prices in LE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Place, Leicester, LE1 has a total of 40 addresses. According to our analysis of all the public data, 41, Lancaster Place, Leicester is the 13th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in LE1.
The closest station to 41, Lancaster Place, Leicester is Leicester station which is 800 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 41, Lancaster Place, Leicester, 61.4% of property is privately rented and 23.5% 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 41, Lancaster Place, Leicester, 65.6% of residents are recorded as possessing school level qualifications and 43.6% 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 41, Lancaster Place, 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 41, Lancaster Place, Leicester, 1.1% 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 41, Lancaster Place, Leicester, there are an average of 0.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
