According to the public record, 5, Stores Lane, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 473 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Stores Lane, Fleckney, Leicester, LE8 is located in the borough of Harborough within the LE8 postal district.
5, Stores Lane, Leicester has a single entry in the Land Registry database from January 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Stores Lane Leicester as £196,141 and the rental value as £987 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 Stores Lane Leicester has increased by £4,502 (2.3%) and its rental value has increased by £49 per month (5.0%).
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 5, Stores Lane, Leicester is in very good condition we estimate a sale value of £205,948 and rental value of £1,036 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,411 and a rental value of £918 per month.
If you were able to purchase this property for the estimated value of £196,141, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £964 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 HM Land Registry, 5, Stores Lane, Leicester was last sold on 06 Jan 2006 for £119,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Stores Lane, Leicester within a radius of 770 metres over the last 2 years.
The most recent example is 5, Main Street, Leicester, LE8 8AP, a Freehold house which sold for £160,000 in Mar 2022.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stores Lane, Fleckney, Leicester, LE8 has a total of 17 addresses. According to our analysis of all the public data, 5, Stores Lane, Leicester is the 15th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in LE8.
The closest station to 5, Stores Lane, Leicester is South Wigston station which is 7.9 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 5, Stores Lane, Leicester, 38.2% of property is privately owned outright and 32.4% 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 5, Stores Lane, Leicester, 19.1% of residents are recorded as possessing school level qualifications and 35.1% 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 5, Stores Lane, Leicester, the average age was 43.8 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 5, Stores Lane, Leicester, 1.1% 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 5, Stores Lane, Leicester, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.