337B, Scraptoft Lane
337B, Scraptoft Lane
Description & Estimates
337B, Scraptoft Lane, Leicester appears in the public record as a freehold house sitting on a 543 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,284 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 337B, Scraptoft Lane, Leicester is £385,396 and its rental estimate is £1,398 per month, given the available information and assuming reasonable condition.
Scraptoft Lane, Leicester, LE5 falls within the LE5 postal district.
Our Data Sources
337B, Scraptoft Lane, Leicester has 31 entries in the Land Registry , most recently in July 2022 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 2 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 337B, Scraptoft Lane, Leicester, we estimate a market value of £404,666 and a rental value of £1,468 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £358,418 and £1,300 per month respectively.
Recent Market Change
Over the last year, 337B, Scraptoft Lane, Leicester has seen its estimated sale value decrease by £6,910 (1.8%) and its estimated rental value grow by £41 per month (2.9%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 337B, Scraptoft Lane, Leicester as measuring 543 m2.
That makes it the 26th largest plot in the postcode, where 38 of the 39 other houses have recorded plot data.
Sold Prices
The most recent sale of 337B, Scraptoft Lane, Leicester completed on 1st July 2022 at £420,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 0.6% over the period since July 2022.
- Sold Jul 2022£420,000
- Sold Nov 2018£363,000
- Sold Oct 1995£115,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 337B, Scraptoft Lane, Leicester have sold within a radius of 510 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2021, was 20, Lyncroft Leys, Leicester, LE7 9UW, a freehold house which sold for £340,000.
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 325 addresses on Scraptoft Lane, Leicester, LE5, 337B, Scraptoft Lane, Leicester comes out as the 146th largest and the 147th most expensive in our analysis of the public data.
It is also £114k more expensive than the average property across the LE5 district.
More reading links
Schools Nearby
- 400mSt Josephs Catholic Academy
- 500mScraptoft Valley Primary School
- 800mThurnby Mead Primary Academy
- 1.0kmOrchard Mead Academy
- 1.8kmSt Paul's Catholic School, a Voluntary Academy
- 2.0kmThe City of Leicester College
More reading links
Public Transport Nearby
From 337B, Scraptoft Lane, Leicester, the nearest station is Leicester, 4.9 kilometres away.
- 4.9kmLeicester
- 6.0kmSyston
- 8.6kmSouth Wigston
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.
