According to the public record, 227, Abbey Lane, Leicester is a early-century apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 227, Abbey Lane, Leicester, LE4.
Abbey Lane, Leicester, LE4 is located within the LE4 postal district.
227, Abbey Lane, Leicester has no records in the Land Registry database and a single entry in the EPC database dated July 2024.
We combine this information with public data 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 227 Abbey Lane Leicester as £91,595 and the rental value as £598 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 227 Abbey Lane Leicester has decreased by £160 (0.2%) and its rental value has increased by £25 per month (4.2%).
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 227, Abbey Lane, Leicester is in very good condition we estimate a sale value of £96,174 and rental value of £628 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £85,183 and a rental value of £556 per month.
If you were able to purchase this property for the estimated value of £91,595, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £450 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 227, Abbey Lane, Leicester within a radius of 600 metres over the last 2 years.
The most recent example is Flat 5, 1, Orton Road, Leicester, LE4 2AT, a Leasehold flat which sold for £85,000 in Mar 2022.
Read more about house prices in LE4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abbey Lane, Leicester, LE4 has a total of 144 addresses. According to our analysis of all the public data, 227, Abbey Lane, Leicester is the 120th largest and the 137th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in LE4.
227, Abbey Lane, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jul 2024.
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 227, Abbey Lane, Leicester is Leicester station which is 2.9 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 227, Abbey Lane, Leicester, 61.0% of property is privately rented and 14.5% 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 227, Abbey Lane, Leicester, 22.4% of residents are recorded as possessing school level qualifications and 17.9% 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 227, Abbey Lane, Leicester, the average age was 34.9 and the most common age was 7.
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 227, Abbey Lane, Leicester, 0.0% 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 227, Abbey Lane, Leicester, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.