Flat 1, 18
Flat 1, 18
Description & Estimates
The public record describes Flat 1, 18, Lancaster Road, Leicester as a period apartment with 172 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a garden.
Flat 1, 18, Lancaster Road, Leicester has an estimated sale value of £84,628 and an estimated rental value of £486 per month, assuming reasonable condition and based on the information available.
The apartment sits within 18, Lancaster Road, Leicester, LE1.
Lancaster Road, Leicester, LE1 lies within the LE1 postal district.
Our Data Sources
Flat 1, 18, Lancaster Road, Leicester has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2016.
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 Flat 1, 18, Lancaster Road, Leicester would be worth £88,860, with a potential rental value of £510 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £78,704, with a rental value of £452 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 Flat 1, 18, Lancaster Road, Leicester has dropped by £183 (0.2%) over the last year. During the same period, its estimated monthly rental value has risen by £16 (3.4%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
Flat 1, 18, Lancaster Road, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Apr 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 1, 18, Lancaster Road, Leicester last changed hands on 1st October 2004, selling for £130,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
- Sold Oct 2004£130,000
- Sold Jan 2004£160,000
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 450 metres of Flat 1, 18, Lancaster Road, Leicester across the last 2 years.
Most recently, Flat 1, 16, Lancaster Road, Leicester, LE1 6YT, a leasehold flat, sold at £272,500 on the 6th October 2017.
Read more about house prices in LE1.
•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 Flat 1, 18, Lancaster Road, Leicester as the 175th largest and the 172nd most expensive of the 178 addresses on Lancaster Road, Leicester, LE1.
Against the LE1 postcode district average, it is £136k less expensive than the typical property.
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Schools Nearby
- 600mHazel Community Primary School
- 900mSparkenhoe Community Primary School
- 1.1kmMedway Community Primary School
- 1.0kmMoat Community College
- 1.5kmCastle Mead Academy
- 2.0kmFullhurst Community College
More reading links
Public Transport Nearby
Leicester station is the nearest stop to Flat 1, 18, Lancaster Road, Leicester at 700 metres away.
- 700mLeicester
- 4.9kmSouth Wigston
- 7.9kmNarborough
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
