5, Spence Close
5, Spence Close
Description & Estimates
Public records show 5, Spence Close, Leicester to be a modern freehold house with 936 ft2 of internal area, sitting on a 242 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Spence Close, Leicester has an estimated sale value of £311,776 and an estimated rental value of £1,365 per month, assuming reasonable condition and based on the information available.
Spence Close, Anstey, Leicester, LE7 lies in the borough of Charnwood, within the LE7 postal district.
Our Data Sources
5, Spence Close, Leicester has a single entry in the Land Registry from February 2021 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 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 5, Spence Close, Leicester would be worth £327,365, with a potential rental value of £1,433 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £289,952, with a rental value of £1,270 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 5, Spence Close, Leicester has moved down by £4,330 (1.4%) over the last year. During the same period, its estimated monthly rental value has increased by £30 (2.2%). The property's estimated gross yield is currently 5.3%.
Plot Size
5, Spence Close, Leicester occupies a 242 m2 plot as recorded by HM Land Registry.
All 16 other houses in this postcode have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
5, Spence Close, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jan 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Spence Close, Leicester last changed hands on 19th February 2021, selling for £299,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 41.8% since February 2021.
- Sold Feb 2021£299,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 5, Spence Close, Leicester across the last 2 years.
Most recently, 7, Spence Close, Leicester, LE7 7YG, a freehold house, sold at £299,995 on the 25th February 2021.
Read more about house prices in LE7.
•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 5, Spence Close, Leicester as the 7th largest and the 6th most expensive of the 16 addresses on Spence Close, Anstey, Leicester, LE7.
Against the LE7 postcode district average, it is £47k less expensive than the typical property.
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Schools Nearby
- 1.1kmThe Latimer Primary School
- 1.5kmThe Hall School
- 1.7kmGlenfield Primary School
- 1.9kmThe Martin High School Anstey
- 2.3kmBabington Academy
- 2.4kmBeaumont Leys School
More reading links
Public Transport Nearby
Leicester station is the nearest stop to 5, Spence Close, Leicester at 5.8 kilometres away.
- 5.8kmLeicester
- 8.4kmSyston
- 9.5kmSileby
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
