According to the public record, 492, Saffron Lane, Leicester is a modern apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Saffron Lane, Leicester, LE2 is located within the LE2 postal district.
492, Saffron Lane, Leicester has no records in the Land Registry database and no records in the EPC database.
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 492 Saffron Lane Leicester as £104,785 and the rental value as £657 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 492 Saffron Lane Leicester has increased by £465 (0.4%) and its rental value has increased by £16 per month (2.4%).
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 492, Saffron Lane, Leicester is in very good condition we estimate a sale value of £110,024 and rental value of £689 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £97,450 and a rental value of £611 per month.
If you were able to purchase this property for the estimated value of £104,785, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £515 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 2 sales of properties similar to 492, Saffron Lane, Leicester within a radius of 449m over the last 2 years.
The most recent example is 16, Grace Gardens, Leicester, LE2 8FJ, a Leasehold flat which sold for £69,950 in Jul 2016.
Read more about house prices in LE2.
Saffron Lane, Leicester, LE2 has a total of 483 addresses. According to our analysis of all the public data, 492, Saffron Lane, Leicester is the 396th largest and the 443rd most expensive property on the street.
When compared to the postcode district it is £172k less expensive than the average property in LE2.
492, Saffron Lane, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Mar 2014.
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 492, Saffron Lane, Leicester is South Wigston station which is 2.2 km 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 492, Saffron Lane, Leicester, 71.8% of property is socially rented and 12.3% 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 492, Saffron Lane, Leicester, 30.2% of residents are recorded as possessing school level qualifications and 17.1% 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 492, Saffron Lane, Leicester, the average age was 33.8 and the most common age was 12.
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 492, Saffron Lane, 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 492, Saffron Lane, Leicester, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.