420, Saffron Lane
420, Saffron Lane
Description & Estimates
420, Saffron Lane, Leicester is recorded publicly as an early-century freehold house across 947 ft2 of internal area, sitting on a 398 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 420, Saffron Lane, Leicester is £211,825 and its rental estimate is £1,051 per month, given the available information and assuming reasonable condition.
Saffron Lane, Leicester, LE2 falls within the LE2 postal district.
Our Data Sources
420, Saffron Lane, Leicester has 2 entries in the Land Registry , most recently in August 2018 and a single entry in the EPC database dated April 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 420, Saffron Lane, Leicester, we estimate a market value of £222,416 and a rental value of £1,103 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £196,997 and £977 per month respectively.
Recent Market Change
Over the last year, 420, Saffron Lane, Leicester has seen its estimated sale value drop by £974 (0.5%) and its estimated rental value rise by £34 per month (3.2%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 420, Saffron Lane, Leicester as measuring 398 m2.
That makes it the 13th largest plot in the postcode, where 27 of the 45 other houses have recorded plot data.
Energy Efficiency
420, Saffron Lane, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Apr 2017.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 420, Saffron Lane, Leicester completed on 10th August 2018 at £130,000 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 64.9% over the period since August 2018.
- Sold Aug 2018£130,000
- Sold Oct 2007£115,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 420, Saffron Lane, Leicester have sold within a radius of 470 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st December 2022, was 406, Saffron Lane, Leicester, LE2 6SB, a freehold house which sold for £230,000.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 495 addresses on Saffron Lane, Leicester, LE2, 420, Saffron Lane, Leicester comes out as the 149th largest and the 180th most expensive in our analysis of the public data.
It is also £67k less expensive than the average property across the LE2 district.
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Schools Nearby
- 400mMarriott Primary School
- 700mKnighton Mead Primary Academy
- 900mGranby Primary School
- 800mLancaster Academy
- 900mSir Jonathan North Girls' College
- 2.5kmFullhurst Community College
More reading links
Public Transport Nearby
From 420, Saffron Lane, Leicester, the nearest station is South Wigston, 2.6 kilometres away.
- 2.6kmSouth Wigston
- 3.0kmLeicester
- 5.9kmNarborough
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
