49A, Spencefield Lane
49A, Spencefield Lane
Description & Estimates
The public record describes 49A, Spencefield Lane, Leicester as a modern house with 2,540 ft2 of internal area, sitting on a 836 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
49A, Spencefield Lane, Leicester has an estimated sale value of £1,010,521 and an estimated rental value of £3,335 per month, assuming reasonable condition and based on the information available.
Spencefield Lane, Leicester, LE5 lies within the LE5 postal district.
Our Data Sources
49A, Spencefield Lane, Leicester has no records in the the Land Registry and a single entry in the EPC database dated July 2021.
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
In very good condition, we estimate 49A, Spencefield Lane, Leicester would be worth £1,061,047, with a potential rental value of £3,502 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £939,784, with a rental value of £3,102 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 49A, Spencefield Lane, Leicester has dropped by £14,948 (1.5%) over the last year. During the same period, its estimated monthly rental value has risen by £108 (3.2%). The property's estimated gross yield is currently 4.0%.
Plot Size
49A, Spencefield Lane, Leicester occupies a 836 m2 plot as recorded by HM Land Registry.
All 18 other houses in this postcode have recorded plot sizes, and this one ranks as the 16th largest.
Energy Efficiency
49A, Spencefield Lane, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2021.
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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of 49A, 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.
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Location Comparison
Our analysis of the public data ranks 49A, Spencefield Lane, Leicester as the 22nd largest and the 11th most expensive of the 169 addresses on Spencefield Lane, Leicester, LE5.
Against the LE5 postcode district average, it is £739k more expensive than the typical property.
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Schools Nearby
- 400mKrishna Avanti Primary School
- 600mWhitehall Primary School
- 800mThurnby Mead Primary Academy
- 300mSt Paul's Catholic School, a Voluntary Academy
- 600mThe City of Leicester College
- 1.0kmJudgemeadow Community College
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Public Transport Nearby
Leicester station is the nearest stop to 49A, Spencefield Lane, Leicester at 4.1 kilometres away.
- 4.1kmLeicester
- 7.1kmSouth Wigston
- 7.2kmSyston
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
