According to the public record, 3, School Lane, Leicester is a period freehold house with 882 ft2 of internal area and sits on a 437 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
School Lane, Houghton-On-The-Hill, Leicester, LE7 is located in the borough of Harborough within the LE7 postal district.
3, School Lane, Leicester has 2 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated June 2015.
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 3 School Lane Leicester as £318,705 and the rental value as £1,282 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 3 School Lane Leicester has increased by £3,612 (1.1%) and its rental value has increased by £61 per month (4.7%).
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 3, School Lane, Leicester is in very good condition we estimate a sale value of £334,640 and rental value of £1,346 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,395 and a rental value of £1,192 per month.
If you were able to purchase this property for the estimated value of £318,705, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,566 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, 3, School Lane, Leicester sits on a plot of 437m2.
We have plot size data on 3 out of 7 other houses in the postcode and 3, School Lane, Leicester sits on the largest plot.
According to HM Land Registry, 3, School Lane, Leicester was last sold on 18 Mar 2022 for £295,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2022, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, School Lane, Leicester within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 16, Harris Drive, Leicester, LE7 9LW, a Leasehold house which sold for £135,000 in Jun 2022.
Read more about house prices in LE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
School Lane, Houghton-On-The-Hill, Leicester, LE7 has a total of 7 addresses. According to our analysis of all the public data, 3, School Lane, Leicester is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in LE7.
3, School Lane, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Jun 2015.
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 3, School Lane, Leicester is Leicester station which is 8.3 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 3, School Lane, Leicester, 50.7% of property is privately owned outright and 31.6% 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 3, School Lane, Leicester, 17.9% of residents are recorded as possessing school level qualifications and 55.6% 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 3, School 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 3, School Lane, Leicester, 3.1% 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 3, School Lane, Leicester, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.