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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
Public records show 86, Spencefield Lane, Leicester to be an early-century freehold house with 2,421 ft2 of internal area, sitting on a 1,139 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
86, Spencefield Lane, Leicester has an estimated sale value of £981,166 and an estimated rental value of £3,238 per month, assuming reasonable condition and based on the information available.
Spencefield Lane, Leicester, LE5 lies within the LE5 postal district.
86, Spencefield Lane, Leicester has a single entry in the Land Registry from August 2018 and a single entry in the EPC database dated May 2018.
We combine this information with that 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.
In very good condition, we estimate 86, Spencefield Lane, Leicester would be worth £1,030,224, with a potential rental value of £3,400 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £912,484, with a rental value of £3,012 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 86, Spencefield Lane, Leicester has moved down by £14,514 (1.5%) over the last year. During the same period, its estimated monthly rental value has increased by £105 (3.2%). The property's estimated gross yield is currently 4.0%.
86, Spencefield Lane, Leicester occupies a 1,139 m2 plot as recorded by HM Land Registry.
Of the 38 other houses in this postcode, 34 have recorded plot sizes, and this one ranks as the 5th largest.
86, Spencefield Lane, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 May 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
86, Spencefield Lane, Leicester last changed hands on 31st August 2018, selling for £725,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 22.6% since August 2018.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of 86, Spencefield Lane, Leicester across the last 2 years.
Most recently, 70, Spencefield Lane, Leicester, LE5 6HF, a freehold house, sold at £930,000 on the 4th August 2023.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 86, Spencefield Lane, Leicester as the 25th largest and the 16th most expensive of the 169 addresses on Spencefield Lane, Leicester, LE5.
Against the LE5 postcode district average, it is £710k more expensive than the typical property.
Leicester station is the nearest stop to 86, Spencefield Lane, Leicester at 4.0 kilometres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 86, Spencefield Lane, Leicester, 52.1% of property is privately owned outright and 34.7% is privately owned with a mortgage.
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 86, Spencefield Lane, Leicester, 25.6% of residents are recorded as possessing school level qualifications and 34.3% 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 86, Spencefield Lane, Leicester, the average age was 41.6 and the most common age was 12.
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 86, Spencefield Lane, Leicester, 0.5% 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 86, Spencefield Lane, Leicester, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
