45, Watergate Lane
45, Watergate Lane
Description & Estimates
45, Watergate Lane, Leicester is recorded publicly as a mid-century freehold house across 1,033 ft2 of internal area, sitting on a 282 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 45, Watergate Lane, Leicester is £270,119 and its rental estimate is £1,131 per month, given the available information and assuming reasonable condition.
Watergate Lane, Leicester, LE3 falls within the LE3 postal district, in the borough of Blaby.
Our Data Sources
45, Watergate Lane, Leicester has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated November 2022.
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 45, Watergate Lane, Leicester, we estimate a market value of £283,625 and a rental value of £1,188 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £251,211 and £1,052 per month respectively.
Recent Market Change
Over the last year, 45, Watergate Lane, Leicester has seen its estimated sale value drop by £1,369 (0.5%) and its estimated rental value rise by £34 per month (3.0%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 45, Watergate Lane, Leicester as measuring 282 m2.
That makes it the 18th largest plot in the postcode, where 27 of the 29 other houses have recorded plot data.
Energy Efficiency
45, Watergate Lane, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Nov 2022.
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, Watergate Lane, Leicester completed on 3rd May 2023 at £276,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 12.7% over the period since May 2023.
- Sold May 2023£276,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 45, Watergate Lane, Leicester have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th May 2025, was 55, Watergate Lane, Leicester, LE3 2XQ, a freehold house which sold for £250,000.
Read more about house prices in LE3.
- Sold May 2025£250,000 | 3 Bed House55, Watergate Lane, Leicester, LE3 2XQ55, Watergate Lane, Leicester, LE3 2XQ
- Sold Dec 2024£280,000 | 3 Bed House19, Grass Acres, Leicester, LE3 2UR19, Grass Acres, Leicester, LE3 2UR
- Sold Dec 2023£305,000 | 3 Bed House41, Grass Acres, Leicester, LE3 2UR41, Grass Acres, Leicester, LE3 2UR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 93 addresses on Watergate Lane, Leicester, LE3, 45, Watergate Lane, Leicester comes out as the 24th largest and the 38th most expensive in our analysis of the public data.
It is also £49k more expensive than the average property across the LE3 district.
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Schools Nearby
- 400mMillfield L.E.A.D. Academy
- 800mRavenhurst Primary School
- 1.5kmCaldecote Community Primary School
- 1.4kmThe Winstanley School
- 2.5kmFullhurst Community College
- 2.5kmBrockington College
More reading links
Public Transport Nearby
From 45, Watergate Lane, Leicester, the nearest station is Narborough, 4.0 kilometres away.
- 4.0kmNarborough
- 4.1kmSouth Wigston
- 4.8kmLeicester
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
