506, Narborough Road
506, Narborough Road
Description & Estimates
506, Narborough Road, Leicester is described in the public record as a period house with 1,603 ft2 of internal area, sitting on a 431 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 506, Narborough Road, Leicester is £258,751 and its rental estimate is £981 per month, given the available information and assuming reasonable condition.
Narborough Road, Leicester, LE3 falls within the LE3 postal district.
Our Data Sources
506, Narborough Road, Leicester has no records in the the Land Registry and a single entry in the EPC database dated January 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 506, Narborough Road, Leicester, we estimate a market value of £271,688 and a rental value of £1,030 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £240,638 and £912 per month respectively.
Recent Market Change
Over the last year, 506, Narborough Road, Leicester has seen its estimated sale value fall by £2,317 (0.9%) and its estimated rental value move up by £24 per month (2.4%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 506, Narborough Road, Leicester as measuring 431 m2.
That makes it the 9th largest plot in the postcode, where 14 of the 15 other houses have recorded plot data.
Energy Efficiency
506, Narborough Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 506, Narborough Road, Leicester have sold within a radius of 580 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th July 2018, was 8, Beechcroft Avenue, Leicester, LE3 2GB, a freehold house which sold for £252,000.
Read more about house prices in LE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 457 addresses on Narborough Road, Leicester, LE3, 506, Narborough Road, Leicester comes out as the 20th largest and the 62nd most expensive in our analysis of the public data.
It is also £38k more expensive than the average property across the LE3 district.
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Schools Nearby
- 600mCaldecote Community Primary School
- 600mFolville Junior School
- 700mSt Mary's Fields Academy
- 1.0kmFullhurst Community College
- 1.6kmThe Winstanley School
- 2.7kmCastle Mead Academy
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Public Transport Nearby
From 506, Narborough Road, Leicester, the nearest station is Leicester, 3.2 kilometres away.
- 3.2kmLeicester
- 4.1kmSouth Wigston
- 5.5kmNarborough
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.
