7, Spence Close
7, Spence Close
Description & Estimates
According to the public record, 7, Spence Close, Leicester is a modern freehold house with 936 ft2 of internal area and sits on a 294 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Spence Close, Leicester is £311,776 and the estimated rental value is £1,365 per month.
Spence Close, Anstey, Leicester, LE7 is located in the borough of Charnwood within the LE7 postal district.
Our Data Sources
7, Spence Close, Leicester has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated January 2021.
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.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Spence Close, Leicester is in very good condition we estimate a sale value of £327,365 and a rental value of £1,433 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,952 and a rental value of £1,270 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Spence Close, Leicester has declined by £4,330 (1.4%), while its estimated rental value has climbed by £30 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Plot Size
According to data from HM Land Registry, 7, Spence Close, Leicester sits on a plot of 294 m2.
We have plot size data on 16 out of 16 other houses in the postcode and 7, Spence Close, Leicester sits on the 4th largest plot.
Energy Efficiency
7, Spence Close, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jan 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 7, Spence Close, Leicester was last sold on 25th February 2021 for £299,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2021, the market for similar properties has risen by 41.8%.
- Sold Feb 2021£299,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Spence Close, Leicester within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 15, Spence Close, Leicester, LE7 7YG, a freehold house which sold for £297,995 on the 25th February 2021.
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
Spence Close, Anstey, Leicester, LE7 has a total of 16 addresses. According to our analysis of all the public data, 7, Spence Close, Leicester is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in LE7.
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Schools Nearby
- 1.1kmThe Latimer Primary School
- 1.5kmThe Hall School
- 1.7kmGlenfield Primary School
- 1.9kmThe Martin High School Anstey
- 2.3kmBabington Academy
- 2.4kmBeaumont Leys School
More reading links
Public Transport Nearby
The closest station to 7, Spence Close, Leicester is Leicester station, which is 5.8 kilometres away.
- 5.8kmLeicester
- 8.4kmSyston
- 9.5kmSileby
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
