45, Spencer Street
45, Spencer Street
Description & Estimates
45, Spencer Street, Leicester is recorded publicly as a period freehold house across 1,657 ft2 of internal area, sitting on a 237 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 45, Spencer Street, Leicester is £331,369 and its rental estimate is £1,328 per month, given the available information and assuming reasonable condition.
Spencer Street, Oadby, Leicester, LE2 falls within the LE2 postal district, in the borough of Oadby and Wigston.
Our Data Sources
45, Spencer Street, Leicester has 21 entries in the Land Registry , most recently in September 2016 and a single entry in the EPC database dated March 2016.
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.
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 45, Spencer Street, Leicester, we estimate a market value of £347,938 and a rental value of £1,395 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £308,173 and £1,235 per month respectively.
Recent Market Change
Over the last year, 45, Spencer Street, Leicester has seen its estimated sale value drop by £2,626 (0.8%) and its estimated rental value rise by £40 per month (3.0%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 45, Spencer Street, Leicester as measuring 237 m2.
That makes it the 5th largest plot in the postcode, where 18 of the 27 other houses have recorded plot data.
Energy Efficiency
45, Spencer Street, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 45, Spencer Street, Leicester completed on 23rd September 2016 at £209,000 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 24.9% over the period since September 2016.
- Sold Sep 2016£209,000
- Sold May 2003£96,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 45, Spencer Street, Leicester have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th August 2024, was 47, Stoughton Road, Leicester, LE2 4DS, a freehold house which sold for £300,000.
Read more about house prices in LE2.
- Sold Aug 2024£300,000 | 4 Bed House47, Stoughton Road, Leicester, LE2 4DS47, Stoughton Road, Leicester, LE2 4DS
- Sold Mar 2021£299,000 | 4 Bed House47, Parkland Drive, Leicester, LE2 4DH47, Parkland Drive, Leicester, LE2 4DH
- Sold May 2019£220,000 | 4 Bed House31, Stoughton Road, Leicester, LE2 4DS31, Stoughton Road, Leicester, LE2 4DS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 52 addresses on Spencer Street, Oadby, Leicester, LE2, 45, Spencer Street, Leicester comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £52k more expensive than the average property across the LE2 district.
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Schools Nearby
- 500mLaunde Primary School
- 800mLangmoor Primary School Oadby
- 1.5kmSaint John Fisher Catholic Voluntary Academy, Wigston, Leicestershire
- 1.6kmManor High School
- 1.7kmGartree High School
- 1.8kmBeauchamp College
More reading links
Public Transport Nearby
From 45, Spencer Street, Leicester, the nearest station is South Wigston, 4.1 kilometres away.
- 4.1kmSouth Wigston
- 4.3kmLeicester
- 8.8kmNarborough
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.
