According to the public record, 256, Scraptoft Lane, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,882 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Scraptoft Lane, Leicester, LE5 is located within the LE5 postal district.
256, Scraptoft Lane, Leicester has 31 entries in the Land Registry database, most recently in July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 256 Scraptoft Lane Leicester as £529,731 and the rental value as £1,498 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 256 Scraptoft Lane Leicester has decreased by £3,066 (0.6%) and its rental value has increased by £55 per month (3.7%).
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 256, Scraptoft Lane, Leicester is in very good condition we estimate a sale value of £556,218 and rental value of £1,573 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £492,650 and a rental value of £1,393 per month.
If you were able to purchase this property for the estimated value of £529,731, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,603 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 HM Land Registry, 256, Scraptoft Lane, Leicester was last sold on 16 Jul 2007 for £416,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2007, the market for similar properties has risen 77.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 256, Scraptoft Lane, Leicester within a radius of 530 metres over the last 2 years.
The most recent example is 210, Scraptoft Lane, Leicester, LE5 1HX, a Freehold house which sold for £440,000 in Feb 2023.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scraptoft Lane, Leicester, LE5 has a total of 326 addresses. According to our analysis of all the public data, 256, Scraptoft Lane, Leicester is the 27th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £255k more expensive than the average property in LE5.
The closest station to 256, Scraptoft Lane, Leicester is Leicester station which is 4.5 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 256, Scraptoft Lane, Leicester, 41.8% of property is privately owned with a mortgage and 37.9% is privately owned outright.
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 256, Scraptoft Lane, Leicester, 22.4% of residents are recorded as possessing school level qualifications and 30.0% 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 256, Scraptoft Lane, Leicester, the average age was 37.8 and the most common age was 37.
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 256, Scraptoft Lane, Leicester, 0.5% 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 256, Scraptoft Lane, Leicester, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.