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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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6, Austin Lane, Leicester is recorded publicly as a modern freehold house across 1,044 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 6, Austin Lane, Leicester is £311,907 and its rental estimate is £1,271 per month, given the available information and assuming reasonable condition.
Austin Lane, Leicester, LE4 falls within the LE4 postal district.
6, Austin Lane, Leicester has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated August 2023.
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.
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 6, Austin Lane, Leicester, we estimate a market value of £327,502 and a rental value of £1,334 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £290,074 and £1,182 per month respectively.
Over the last year, 6, Austin Lane, Leicester has seen its estimated sale value decline by £5,208 (1.7%) and its estimated rental value climb by £37 per month (2.9%). This results in an estimated gross rental yield of 4.9%.
6, Austin Lane, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Aug 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 6, Austin Lane, Leicester completed on 25th August 2023 at £296,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 9.7% over the period since August 2023.
Over the past 2 years 3 properties similar to 6, Austin Lane, Leicester have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th November 2024, was 2, Siskin Road, Leicester, LE4 2QR, a freehold house which sold for £321,000.
Read more about house prices in LE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 32 addresses on Austin Lane, Leicester, LE4, 6, Austin Lane, Leicester comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £59k more expensive than the average property across the LE4 district.
From 6, Austin Lane, Leicester, the nearest station is Syston, 5.0 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, Austin Lane, Leicester, 46.6% of property is privately owned with a mortgage and 45.2% is privately owned outright.
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 6, Austin Lane, Leicester, 19.2% of residents are recorded as possessing school level qualifications and 39.6% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 6, Austin Lane, Leicester, the average age was 36.5 and the most common age was 37.
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 6, Austin 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 6, Austin Lane, Leicester, there are an average of 2.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
