51A, Spencefield Lane
51A, Spencefield Lane
Description & Estimates
51A, Spencefield Lane, Leicester is described in the public record as a modern house with 979 ft2 of internal area, sitting on a 1,057 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 51A, Spencefield Lane, Leicester is £587,859 and its rental estimate is £2,041 per month, given the available information and assuming reasonable condition.
Spencefield Lane, Leicester, LE5 falls within the LE5 postal district.
Our Data Sources
51A, Spencefield Lane, Leicester has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 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
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 51A, Spencefield Lane, Leicester, we estimate a market value of £617,252 and a rental value of £2,143 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £546,709 and £1,898 per month respectively.
Recent Market Change
Over the last year, 51A, Spencefield Lane, Leicester has seen its estimated sale value move down by £7,288 (1.2%) and its estimated rental value increase by £80 per month (3.9%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 51A, Spencefield Lane, Leicester as measuring 1,057 m2.
That makes it the 11th largest plot in the postcode, where all 18 other houses have recorded plot data.
Energy Efficiency
51A, Spencefield Lane, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 51A, Spencefield Lane, Leicester completed on 30th July 2002 at £263,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Jul 2002£263,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 51A, Spencefield Lane, Leicester have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st August 2022, was 16, Spencefield Lane, Leicester, LE5 6PS, a freehold house which sold for £500,000.
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
Of the 169 addresses on Spencefield Lane, Leicester, LE5, 51A, Spencefield Lane, Leicester comes out as the 163rd largest and the 82nd most expensive in our analysis of the public data.
It is also £317k more expensive than the average property across the LE5 district.
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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
More reading links
Public Transport Nearby
From 51A, Spencefield Lane, Leicester, the nearest station is Leicester, 4.1 kilometres away.
- 4.1kmLeicester
- 7.1kmSouth Wigston
- 7.2kmSyston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
