50, Spalding Street
50, Spalding Street
Description & Estimates
50, Spalding Street, Leicester is recorded publicly as a period freehold house across 969 ft2 of internal area, sitting on a 88.8 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 50, Spalding Street, Leicester is £235,813 and its rental estimate is £1,163 per month, given the available information and assuming reasonable condition.
Spalding Street, Leicester, LE5 falls within the LE5 postal district.
Our Data Sources
50, Spalding Street, Leicester has 2 entries in the Land Registry , most recently in September 2011 and a single entry in the EPC database dated October 2008.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 50, Spalding Street, Leicester, we estimate a market value of £247,604 and a rental value of £1,221 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £219,306 and £1,082 per month respectively.
Recent Market Change
Over the last year, 50, Spalding Street, Leicester has seen its estimated sale value decline by £2,923 (1.2%) and its estimated rental value climb by £45 per month (3.9%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 50, Spalding Street, Leicester as measuring 89 m2.
That makes it the 12th largest plot in the postcode, where 15 of the 25 other houses have recorded plot data.
Energy Efficiency
50, Spalding Street, Leicester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 25 Oct 2008.
The property is connected to mains gas and has single glazed windows. It is heated using Room heaters, mains gas.
Sold Prices
The most recent sale of 50, Spalding Street, Leicester completed on 9th September 2011 at £100,000 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 114.9% over the period since September 2011.
- Sold Sep 2011£100,000
- Sold Mar 2009£80,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 50, Spalding Street, Leicester have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th November 2023, was 143, Lancaster Street, Leicester, LE5 4GE, a freehold house which sold for £240,000.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 25 addresses on Spalding Street, Leicester, LE5, 50, Spalding Street, Leicester comes out as the 5th largest and the 9th most expensive in our analysis of the public data.
It is also £35k less expensive than the average property across the LE5 district.
More reading links
Schools Nearby
- 300mSt Barnabas CofE Primary School
- 600mSpinney Hill Primary School
- 800mBridge Junior School
- 1.1kmMadani Girls' School
- 1.1kmMadani Boys School
- 1.2kmCrown Hills Community College
More reading links
Public Transport Nearby
From 50, Spalding Street, Leicester, the nearest station is Leicester, 2.0 kilometres away.
- 2.0kmLeicester
- 6.4kmSyston
- 6.7kmSouth Wigston
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.
