Flat 7, 49
Flat 7, 49
Description & Estimates
According to the public record, Flat 7, 49, Lower Brown Street, Leicester is a period apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 7, 49, Lower Brown Street, Leicester is £141,618 and the estimated rental value is £920 per month.
The apartment is within 49, Lower Brown Street, Leicester, LE1.
Lower Brown Street, Leicester, LE1 is located within the LE1 postal district.
Our Data Sources
Flat 7, 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
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 Flat 7, 49, Lower Brown Street, Leicester is in very good condition we estimate a sale value of £148,699 and a rental value of £966 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,705 and a rental value of £856 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 7, 49, Lower Brown Street, Leicester has declined by £617 (0.4%), while its estimated rental value has climbed by £30 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 7.8%.
Energy Efficiency
Flat 7, 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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 49, Lower Brown Street, Leicester within a radius of 240 metres over the last 2 years.
The most recent example is 54, Welford Road, Leicester, LE2 7AA, a leasehold flat which sold for £196,000 on the 17th September 2024.
Read more about house prices in LE1.
- Sold Sep 2024£196,000 | 2 Bed FlatWelford Road54, Welford Road, Leicester, LE2 7AA
- Sold Feb 2022£4,445,737 | 2 Bed FlatThe Hosiery Factory 31, Lower Brown StreetFlat B, The Hosiery Factory 31, Lower Brown Street, Leicester, LE1 5AF
- Sold Feb 2022£7,138,896 | 2 Bed FlatThe Shoe & Boot Factory 39-41, Welford RoadFlat 1, The Shoe & Boot Factory 39-41, Welford Road, Leicester, LE2 7AE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Lower Brown Street, Leicester, LE1 has a total of 41 addresses. According to our analysis of all the public data, Flat 7, 49, Lower Brown Street, Leicester is the 24th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in LE1.
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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
The closest station to Flat 7, 49, Lower Brown Street, Leicester is Leicester station, which is 600 metres away.
- 600mLeicester
- 5.3kmSouth Wigston
- 8.0kmSyston
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
