49C, Spencefield Lane
49C, Spencefield Lane
Description & Estimates
According to the public record, 49C, Spencefield Lane, Leicester is a modern leasehold house with 1,399 ft2 of internal area and sits on a 868 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 49C, Spencefield Lane, Leicester is £734,968 and the estimated rental value is £2,363 per month.
Spencefield Lane, Leicester, LE5 is located within the LE5 postal district.
Our Data Sources
49C, Spencefield Lane, Leicester has a single entry in the Land Registry from October 2009 and a single entry in the EPC database dated December 2008.
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.
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 49C, Spencefield Lane, Leicester is in very good condition we estimate a sale value of £771,717 and a rental value of £2,481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £683,520 and a rental value of £2,198 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 49C, Spencefield Lane, Leicester has moved down by £13,179 (1.8%), while its estimated rental value has increased by £69 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 3.9%.
Plot Size
According to data from HM Land Registry, 49C, Spencefield Lane, Leicester sits on a plot of 868 m2.
We have plot size data on 18 out of 18 other houses in the postcode and 49C, Spencefield Lane, Leicester sits on the 14th largest plot.
Energy Efficiency
49C, Spencefield Lane, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Dec 2008.
The property is not connected to mains gas and has windows. It is heated using SAP05:Main-Heating.
Sold Prices
According to HM Land Registry, 49C, Spencefield Lane, Leicester was last sold on 30th October 2009 for £540,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since October 2009, the market for similar properties has risen by 54.7%.
- Sold Oct 2009£540,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49C, Spencefield Lane, Leicester within a radius of 690 metres over the last 2 years.
The most recent example is 36, Spencefield Lane, Leicester, LE5 6PS, a freehold house which sold for £700,000 on the 17th June 2024.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Spencefield Lane, Leicester, LE5 has a total of 169 addresses. According to our analysis of all the public data, 49C, Spencefield Lane, Leicester is the 109th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £464k more expensive than the average property in LE5.
More reading links
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
The closest station to 49C, Spencefield Lane, Leicester is Leicester station, which is 4.1 kilometres away.
- 4.1kmLeicester
- 7.1kmSouth Wigston
- 7.2kmSyston
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
