Flat 5, 25
Flat 5, 25
Description & Estimates
Flat 5, 25, Millstone Lane, Leicester is described in the public record as a modern apartment with 1,356 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 5, 25, Millstone Lane, Leicester is £285,273 and its rental estimate is £1,625 per month, given the available information and assuming reasonable condition.
25, Millstone Lane is a residential building on Millstone Lane, Leicester, LE1 and falls within the LE1 postal district.
Our Data Sources
Flat 5, 25, Millstone Lane, Leicester has no records in the the Land Registry and a single entry in the EPC database dated February 2021.
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
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 Flat 5, 25, Millstone Lane, Leicester, we estimate a market value of £299,537 and a rental value of £1,706 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £265,304 and £1,511 per month respectively.
Recent Market Change
Over the last year, Flat 5, 25, Millstone Lane, Leicester has seen its estimated sale value decrease by £1,620 (0.6%) and its estimated rental value grow by £48 per month (2.9%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
Flat 5, 25, Millstone Lane, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Flat 5, 25, Millstone Lane, Leicester have sold within a radius of 270 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th July 2019, was Flat 14, Print Room 1, Rupert Street, Leicester, LE1 5XH, a leasehold flat which sold for £252,000.
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
Of the 204 addresses on Millstone Lane, Leicester, LE1, Flat 5, 25, Millstone Lane, Leicester comes out as the 36th largest and the 19th most expensive in our analysis of the public data.
It is also £64k more expensive than the average property across the LE1 district.
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Schools Nearby
- 800mKing Richard III Infant and Nursery School
- 1.0kmHazel Community Primary School
- 1.0kmShaftesbury Junior School
- 800mCastle Mead Academy
- 1.1kmMoat Community College
- 1.9kmBrook Mead Academy
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Public Transport Nearby
From Flat 5, 25, Millstone Lane, Leicester, the nearest station is Leicester, 700 metres away.
- 700mLeicester
- 5.6kmSouth Wigston
- 7.8kmSyston
Available Internet Speeds
Broadband here reaches standard speeds, based on recent Ofcom data.
According to recent data from Ofcom, Standard broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
