According to the public record, 261, Green Lane Road, Leicester is a period house with 1,140 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Green Lane Road, Leicester, LE5 is located within the LE5 postal district.
261, Green Lane Road, Leicester has no records in the Land Registry database 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 261 Green Lane Road Leicester as £308,857 and the rental value as £1,141 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 261 Green Lane Road Leicester has increased by £396 (0.1%) and its rental value has increased by £49 per month (4.3%).
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 261, Green Lane Road, Leicester is in very good condition we estimate a sale value of £324,300 and rental value of £1,198 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £287,237 and a rental value of £1,061 per month.
If you were able to purchase this property for the estimated value of £308,857, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,518 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 261, Green Lane Road, Leicester within a radius of 490 metres over the last 2 years.
The most recent example is 90, Freeman Road North, Leicester, LE5 4NA, a Freehold house which sold for £135,000 in Oct 2022.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Lane Road, Leicester, LE5 has a total of 269 addresses. According to our analysis of all the public data, 261, Green Lane Road, Leicester is the 45th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £34k more expensive than the average property in LE5.
261, Green Lane Road, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jul 2023.
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 261, Green Lane Road, Leicester is Leicester station which is 2.2 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 261, Green Lane Road, Leicester, 32.8% of property is privately owned outright and 25.4% 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 261, Green Lane Road, Leicester, 32.9% of residents are recorded as possessing school level qualifications and 18.7% 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 261, Green Lane Road, 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 261, Green Lane Road, 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 261, Green Lane Road, Leicester, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.