According to the public record, 1, Stretton Lane, Leicester is a early-century freehold house with 1,323 ft2 of internal area and sits on a 555 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Stretton Lane, Houghton-On-The-Hill, Leicester, LE7 is located in the borough of Harborough within the LE7 postal district.
1, Stretton Lane, Leicester has a single entry in the Land Registry database from December 2017 and a single entry in the EPC database dated February 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Stretton Lane Leicester as £482,300 and the rental value as £1,379 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 1 Stretton Lane Leicester has increased by £1,597 (0.3%) and its rental value has increased by £54 per month (3.9%).
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 1, Stretton Lane, Leicester is in very good condition we estimate a sale value of £506,415 and rental value of £1,448 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,539 and a rental value of £1,282 per month.
If you were able to purchase this property for the estimated value of £482,300, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,370 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Stretton Lane, Leicester sits on a plot of 555m2.
We have plot size data on 5 out of 9 other houses in the postcode and 1, Stretton Lane, Leicester sits on the 2nd largest plot.
According to HM Land Registry, 1, Stretton Lane, Leicester was last sold on 01 Dec 2017 for £307,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2017, the market for similar properties has risen 34.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Stretton Lane, Leicester within a radius of 2.9 kilometres over the last 2 years.
The most recent example is 30, Harris Drive, Leicester, LE7 9LW, a Freehold house which sold for £518,000 in Dec 2023.
Read more about house prices in LE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stretton Lane, Houghton-On-The-Hill, Leicester, LE7 has a total of 18 addresses. According to our analysis of all the public data, 1, Stretton Lane, Leicester is the 10th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £125k more expensive than the average property in LE7.
1, Stretton Lane, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Feb 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Stretton Lane, Leicester is Leicester station which is 8.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Stretton Lane, Leicester, 50.7% of property is privately owned outright and 31.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Stretton Lane, Leicester, 17.9% of residents are recorded as possessing school level qualifications and 55.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Stretton Lane, Leicester, the average age was 42.8 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Stretton Lane, Leicester, 3.1% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Stretton Lane, Leicester, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.