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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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Public records show 50, Penny Lane, Leicester to be a modern freehold house with 925 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
50, Penny Lane, Leicester has an estimated sale value of £374,749 and an estimated rental value of £1,218 per month, assuming reasonable condition and based on the information available.
Penny Lane, Oadby, Leicester, LE2 lies in the borough of Oadby and Wigston, within the LE2 postal district.
50, Penny Lane, Leicester has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated November 2023.
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.
In very good condition, we estimate 50, Penny Lane, Leicester would be worth £393,487, with a potential rental value of £1,279 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £348,517, with a rental value of £1,133 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 50, Penny Lane, Leicester has declined by £1,723 (0.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £39 (3.2%). The property's estimated gross yield is currently 3.9%.
50, Penny Lane, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
50, Penny Lane, Leicester last changed hands on 15th December 2023, selling for £379,950. 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 dropped by 27.3% since December 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 50, Penny Lane, Leicester across the last 2 years.
Most recently, 44, Penny Lane, Leicester, LE2 2GN, a freehold house, sold at £379,950 on the 29th April 2024.
Read more about house prices in LE2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 50, Penny Lane, Leicester as the 9th largest and the 11th most expensive of the 52 addresses on Penny Lane, Oadby, Leicester, LE2.
Against the LE2 postcode district average, it is £96k more expensive than the typical property.
Leicester station is the nearest stop to 50, Penny Lane, Leicester at 4.2 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 50, Penny Lane, Leicester, % of property is and % is .
The graph below shows how this compares to East 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 50, Penny Lane, Leicester, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East 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 50, Penny Lane, Leicester, 0.0% of property was a second home.
Comparison figures for East 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 50, Penny Lane, Leicester, there are an average of 0.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
