48, Lancaster Street
48, Lancaster Street
Description & Estimates
Public records show 48, Lancaster Street, Leicester to be a period freehold house with 893 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
48, Lancaster Street, Leicester has an estimated sale value of £239,714 and an estimated rental value of £1,147 per month, assuming reasonable condition and based on the information available.
Lancaster Street, Leicester, LE5 lies within the LE5 postal district.
Our Data Sources
48, Lancaster Street, Leicester has 21 entries in the Land Registry , most recently in July 2013 and a single entry in the EPC database dated January 2021.
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
In very good condition, we estimate 48, Lancaster Street, Leicester would be worth £251,699, with a potential rental value of £1,205 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £222,934, with a rental value of £1,067 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 48, Lancaster Street, Leicester has declined by £2,972 (1.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £45 (3.9%). The property's estimated gross yield is currently 5.7%.
Energy Efficiency
48, Lancaster Street, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
48, Lancaster Street, Leicester last changed hands on 3rd July 2013, selling for £75,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 109.8% since July 2013.
- Sold Jul 2013£75,000
- Sold Jul 1999£29,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of 48, Lancaster Street, Leicester across the last 2 years.
Most recently, 143, Lancaster Street, Leicester, LE5 4GE, a freehold house, sold at £240,000 on the 30th November 2023.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 48, Lancaster Street, Leicester as the 52nd largest and the 58th most expensive of the 111 addresses on Lancaster Street, Leicester, LE5.
Against the LE5 postcode district average, it is £31k less expensive than the typical property.
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Schools Nearby
- 300mSpinney Hill Primary School
- 600mSt Barnabas CofE Primary School
- 700mBridge Junior School
- 900mMadani Girls' School
- 900mMadani Boys School
- 1.1kmCrown Hills Community College
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Public Transport Nearby
Leicester station is the nearest stop to 48, Lancaster Street, Leicester at 1.7 kilometres away.
- 1.7kmLeicester
- 6.4kmSouth Wigston
- 6.6kmSyston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
