According to the public record, 27, Scotland Lane, Leicester is a period freehold house with 516 ft2 of internal area and sits on a 173 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Scotland Lane, Houghton-On-The-Hill, Leicester, LE7 is located in the borough of Harborough within the LE7 postal district.
27, Scotland Lane, Leicester has a single entry in the Land Registry database from May 2022 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 27 Scotland Lane Leicester as £264,188 and the rental value as £986 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 27 Scotland Lane Leicester has increased by £4,102 (1.6%) and its rental value has increased by £51 per month (5.2%).
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 27, Scotland Lane, Leicester is in very good condition we estimate a sale value of £277,397 and rental value of £1,036 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,695 and a rental value of £917 per month.
If you were able to purchase this property for the estimated value of £264,188, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,298 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, 27, Scotland Lane, Leicester sits on a plot of 173m2.
We have plot size data on 14 out of 27 other houses in the postcode and 27, Scotland Lane, Leicester sits on the 11th largest plot.
According to HM Land Registry, 27, Scotland Lane, Leicester was last sold on 06 May 2022 for £152,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 27, Scotland Lane, Leicester within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 12, Elizabeth Close, Leicester, LE7 9GA, a Freehold house which sold for £180,000 in Nov 2018.
Read more about house prices in LE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scotland Lane, Houghton-On-The-Hill, Leicester, LE7 has a total of 29 addresses. According to our analysis of all the public data, 27, Scotland Lane, Leicester is the 27th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in LE7.
27, Scotland Lane, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jun 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 27, Scotland Lane, Leicester is Leicester station which is 8.6 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 27, Scotland Lane, Leicester, 37.3% of property is privately owned with a mortgage and 35.1% 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 27, Scotland Lane, Leicester, 22.7% of residents are recorded as possessing school level qualifications and 43.8% 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 27, Scotland 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 27, Scotland Lane, Leicester, 1.0% 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 27, Scotland Lane, Leicester, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.