According to the public record, 172, Lancaster Street, Leicester is a period freehold house with 764 ft2 of internal area and sits on a 125 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lancaster Street, Leicester, LE5 is located within the LE5 postal district.
172, Lancaster Street, Leicester has a single entry in the Land Registry database from October 2021 and a single entry in the EPC database dated June 2021.
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 172 Lancaster Street Leicester as £210,735 and the rental value as £955 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 172 Lancaster Street Leicester has increased by £3,275 (1.6%) and its rental value has increased by £54 per month (5.7%).
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 172, Lancaster Street, Leicester is in very good condition we estimate a sale value of £221,272 and rental value of £1,003 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,983 and a rental value of £888 per month.
If you were able to purchase this property for the estimated value of £210,735, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,036 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, 172, Lancaster Street, Leicester sits on a plot of 125m2.
We have plot size data on 15 out of 24 other houses in the postcode and 172, Lancaster Street, Leicester sits on the 2nd largest plot.
According to HM Land Registry, 172, Lancaster Street, Leicester was last sold on 22 Oct 2021 for £202,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2021, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 172, Lancaster Street, Leicester within a radius of 440 metres over the last 2 years.
The most recent example is 151, Lancaster Street, Leicester, LE5 4GE, a Freehold house which sold for £235,000 in Apr 2024.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Street, Leicester, LE5 has a total of 114 addresses. According to our analysis of all the public data, 172, Lancaster Street, Leicester is the 91st largest and the 95th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in LE5.
172, Lancaster Street, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jun 2021.
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 172, Lancaster Street, Leicester is Leicester station which is 1.9 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 172, Lancaster Street, Leicester, 41.9% of property is privately rented and 26.6% is socially rented.
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 172, Lancaster Street, Leicester, 20.8% of residents are recorded as possessing school level qualifications and 14.1% 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 172, Lancaster Street, Leicester, the average age was 35.4 and the most common age was 17.
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 172, Lancaster Street, Leicester, 0.3% 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 172, Lancaster Street, Leicester, there are an average of 0.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.