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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 41, Springwell Lane, Leicester to be a modern freehold house with 2,292 ft2 of internal area, sitting on a 596 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
41, Springwell Lane, Leicester has an estimated sale value of £683,865 and an estimated rental value of £1,969 per month, assuming reasonable condition and based on the information available.
Springwell Lane, Whetstone, Leicester, LE8 lies in the borough of Blaby, within the LE8 postal district.
41, Springwell Lane, Leicester has a single entry in the Land Registry from July 2017 and a single entry in the EPC database dated June 2017.
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.
In very good condition, we estimate 41, Springwell Lane, Leicester would be worth £718,059, with a potential rental value of £2,067 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £635,995, with a rental value of £1,831 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 41, Springwell Lane, Leicester has dropped by £2,721 (0.4%) over the last year. During the same period, its estimated monthly rental value has risen by £50 (2.5%). The property's estimated gross yield is currently 3.5%.
41, Springwell Lane, Leicester occupies a 596 m2 plot as recorded by HM Land Registry.
Of the 41 other houses in this postcode, 40 have recorded plot sizes, and this one ranks as the 9th largest.
41, Springwell Lane, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Jun 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
41, Springwell Lane, Leicester last changed hands on 6th July 2017, selling for £499,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 35.6% since July 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 41, Springwell Lane, Leicester across the last 2 years.
Most recently, 46, Abbott Way, Leicester, LE8 6RA, a freehold house, sold at £510,995 on the 28th September 2017.
Read more about house prices in LE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 41, Springwell Lane, Leicester as the 5th largest and the 4th most expensive of the 41 addresses on Springwell Lane, Whetstone, Leicester, LE8.
Against the LE8 postcode district average, it is £355k more expensive than the typical property.
Narborough station is the nearest stop to 41, Springwell Lane, Leicester at 2.1 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 41, Springwell Lane, Leicester, % of property is and % is .
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, Springwell Lane, Leicester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Springwell 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 41, Springwell Lane, Leicester, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
