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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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44, Novi Lane, Leek is recorded publicly as an early-century freehold house across 1,431 ft2 of internal area, sitting on a 1,304 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 44, Novi Lane, Leek is £269,117 and its rental estimate is £1,067 per month, given the available information and assuming reasonable condition.
Novi Lane, Leek, ST13 falls within the ST13 postal district, in the borough of Staffordshire Moorlands.
44, Novi Lane, Leek has 31 entries in the Land Registry , most recently in January 2019 and a single entry in the EPC database dated October 2018.
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.
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 44, Novi Lane, Leek, we estimate a market value of £282,573 and a rental value of £1,121 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £250,279 and £993 per month respectively.
Over the last year, 44, Novi Lane, Leek has seen its estimated sale value increase by £6,872 (2.6%) and its estimated rental value grow by £20 per month (1.9%). This results in an estimated gross rental yield of 4.8%.
HM Land Registry records the plot of land for 44, Novi Lane, Leek as measuring 1,304 m2.
That makes it the largest plot in the postcode, where 24 of the 29 other houses have recorded plot data.
44, Novi Lane, Leek has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Oct 2018.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 44, Novi Lane, Leek completed on 24th January 2019 at £275,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 128.1% over the period since January 2019.
Over the past 2 years 3 properties similar to 44, Novi Lane, Leek have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st March 2024, was 14, Windsor Drive, Leek, ST13 6NL, a freehold house which sold for £295,000.
Read more about house prices in ST13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 66 addresses on Novi Lane, Leek, ST13, 44, Novi Lane, Leek comes out as the 6th largest and the 10th most expensive in our analysis of the public data.
It is also £2k less expensive than the average property across the ST13 district.
From 44, Novi Lane, Leek, the nearest station is Congleton, 13.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 44, Novi Lane, Leek, 40.5% of property is privately owned outright and 26.2% is privately owned with a mortgage.
The graph below shows how this compares to West 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 44, Novi Lane, Leek, 25.3% of residents are recorded as possessing school level qualifications and 22.5% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 44, Novi Lane, Leek, the average age was 43.3 and the most common age was 52.
The graph below shows how this compares to West 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 44, Novi Lane, Leek, 0.0% of property was a second home.
Comparison figures for West 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 44, Novi Lane, Leek, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
