7, Back Lane
7, Back Lane
Description & Estimates
7, Back Lane, Leicester appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 1,615 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 7, Back Lane, Leicester is £653,825 and its rental estimate is £2,101 per month, given the available information and assuming reasonable condition.
Back Lane, Gaulby, Leicester, LE7 falls within the LE7 postal district, in the borough of Harborough.
Our Data Sources
7, Back Lane, Leicester has 41 entries in the Land Registry , most recently in July 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 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 7, Back Lane, Leicester, we estimate a market value of £686,516 and a rental value of £2,206 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £608,057 and £1,954 per month respectively.
Recent Market Change
Over the last year, 7, Back Lane, Leicester has seen its estimated sale value fall by £12,618 (1.9%) and its estimated rental value move up by £48 per month (2.3%). This results in an estimated gross rental yield of 3.9%.
Sold Prices
The most recent sale of 7, Back Lane, Leicester completed on 10th July 2015 at £515,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 47.7% over the period since July 2015.
- Sold Jul 2015£515,000
- Sold Sep 2013£470,000
- Sold Mar 1998£200,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Back Lane, Leicester have sold within a radius of 4.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th November 2020, was Uplands, Gaulby Road, Leicester, LE7 9BA, a freehold house which sold for £410,000.
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
Of the 12 addresses on Back Lane, Gaulby, Leicester, LE7, 7, Back Lane, Leicester comes out as the 8th largest and the 6th most expensive in our analysis of the public data.
It is also £295k more expensive than the average property across the LE7 district.
More reading links
Schools Nearby
- 2.9kmBillesdon Church of England Primary School
- 3.1kmHoughton-on-the-Hill Church of England Primary School
- 4.3kmGreat Glen St Cuthbert's Church of England Primary School
- 5.7kmManor High School
- 6.4kmThe City of Leicester College
- 6.6kmJudgemeadow Community College
More reading links
Public Transport Nearby
From 7, Back Lane, Leicester, the nearest station is Leicester, 10.7 kilometres away.
- 10.7kmLeicester
- 10.9kmSouth Wigston
- 12.6kmSyston
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.
