Flat 3, 49
Flat 3, 49
Description & Estimates
The public record describes Flat 3, 49, Lower Brown Street, Leicester as a period apartment with 1,636 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 3, 49, Lower Brown Street, Leicester has an estimated sale value of £214,289 and an estimated rental value of £1,400 per month, assuming reasonable condition and based on the information available.
The apartment sits within 49, Lower Brown Street, Leicester, LE1.
Lower Brown Street, Leicester, LE1 lies within the LE1 postal district.
Our Data Sources
Flat 3, 49, Lower Brown Street, Leicester has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 3, 49, Lower Brown Street, Leicester would be worth £225,003, with a potential rental value of £1,470 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £199,289, with a rental value of £1,302 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 3, 49, Lower Brown Street, Leicester has moved down by £1,217 (0.6%) over the last year. During the same period, its estimated monthly rental value has increased by £41 (2.9%). The property's estimated gross yield is currently 7.8%.
Energy Efficiency
Flat 3, 49, Lower Brown Street, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jul 2023.
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 240 metres of Flat 3, 49, Lower Brown Street, Leicester across the last 2 years.
Most recently, Flat 1, The Elfed Thomas Building 30, Newarke Street, Leicester, LE1 5AJ, a leasehold flat, sold at £26,624,268 on the 3rd July 2023.
Read more about house prices in LE1.
- Sold Jul 2023£26,624,268 | 3 Bed FlatThe Elfed Thomas Building 30, Newarke StreetFlat 1, The Elfed Thomas Building 30, Newarke Street, Leicester, LE1 5AJ
- Sold Dec 2022£240,000 | 3 Bed FlatStibbe Lofts 11, Newarke StreetFlat 9, Stibbe Lofts 11, Newarke Street, Leicester, LE1 5SN
- Sold Dec 2007£250,000 | 3 Bed FlatStibbe Lofts 11, Newarke StreetFlat 3, Stibbe Lofts 11, Newarke Street, Leicester, LE1 5SN
•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 3, 49, Lower Brown Street, Leicester as the 4th largest and the 2nd most expensive of the 41 addresses on Lower Brown Street, Leicester, LE1.
Against the LE1 postcode district average, it is £7k less expensive than the typical property.
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Schools Nearby
- 800mHazel Community Primary School
- 1.0kmKing Richard III Infant and Nursery School
- 1.0kmSparkenhoe Community Primary School
- 1.0kmCastle Mead Academy
- 1.0kmMoat Community College
- 1.9kmFullhurst Community College
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Public Transport Nearby
Leicester station is the nearest stop to Flat 3, 49, Lower Brown Street, Leicester at 600 metres away.
- 600mLeicester
- 5.3kmSouth Wigston
- 8.0kmSyston
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
