According to the public record, 278, Knighton Lane East, Leicester is a modern freehold house with 925 ft2 of internal area and sits on a 256 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Knighton Lane East, Leicester, LE2 is located within the LE2 postal district.
278, Knighton Lane East, Leicester has 21 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated July 2022.
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 278 Knighton Lane East Leicester as £209,827 and the rental value as £950 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 278 Knighton Lane East Leicester has increased by £4,345 (2.1%) and its rental value has increased by £40 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 278, Knighton Lane East, Leicester is in very good condition we estimate a sale value of £220,318 and rental value of £997 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,139 and a rental value of £883 per month.
If you were able to purchase this property for the estimated value of £209,827, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,031 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, 278, Knighton Lane East, Leicester sits on a plot of 256m2.
We have plot size data on 9 out of 16 other houses in the postcode and 278, Knighton Lane East, Leicester sits on the 3rd largest plot.
According to HM Land Registry, 278, Knighton Lane East, Leicester was last sold on 18 Oct 2023 for £190,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2023, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 278, Knighton Lane East, Leicester within a radius of 600 metres over the last 2 years.
The most recent example is 280, Knighton Lane East, Leicester, LE2 6FR, a Freehold house which sold for £215,000 in Mar 2022.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Knighton Lane East, Leicester, LE2 has a total of 117 addresses. According to our analysis of all the public data, 278, Knighton Lane East, Leicester is the 71st largest and the 99th most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in LE2.
278, Knighton Lane East, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jul 2022.
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 278, Knighton Lane East, Leicester is Leicester station which is 2.6 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 278, Knighton Lane East, Leicester, 39.2% of property is socially rented and 31.5% 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 278, Knighton Lane East, Leicester, 24.4% of residents are recorded as possessing school level qualifications and 28.0% 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 278, Knighton Lane East, Leicester, the average age was 35.3 and the most common age was 22.
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 278, Knighton Lane East, 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 278, Knighton Lane East, Leicester, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.