According to the public record, 5, Westerby Lane, Leicester is a mid-century freehold house with 1,367 ft2 of internal area and sits on a 588 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Westerby Lane, Smeeton Westerby, Leicester, LE8 is located in the borough of Harborough within the LE8 postal district.
5, Westerby Lane, Leicester has 21 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated March 2019.
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 5 Westerby Lane Leicester as £482,955 and the rental value as £1,416 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 5 Westerby Lane Leicester has increased by £53 (0.0%) and its rental value has increased by £38 per month (2.7%).
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 5, Westerby Lane, Leicester is in very good condition we estimate a sale value of £507,102 and rental value of £1,487 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £449,148 and a rental value of £1,317 per month.
If you were able to purchase this property for the estimated value of £482,955, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,374 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, 5, Westerby Lane, Leicester sits on a plot of 588m2.
We have plot size data on 9 out of 21 other houses in the postcode and 5, Westerby Lane, Leicester sits on the 6th largest plot.
According to HM Land Registry, 5, Westerby Lane, Leicester was last sold on 25 Jun 2021 for £490,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 7.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Westerby Lane, Leicester within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 27, Westerby Lane, Leicester, LE8 0RA, a Freehold house which sold for £475,000 in Jan 2023.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westerby Lane, Smeeton Westerby, Leicester, LE8 has a total of 21 addresses. According to our analysis of all the public data, 5, Westerby Lane, Leicester is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £161k more expensive than the average property in LE8.
5, Westerby Lane, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Mar 2019.
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 5, Westerby Lane, Leicester is Market Harborough 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 5, Westerby Lane, Leicester, 60.5% of property is privately owned outright and 25.5% 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 5, Westerby Lane, Leicester, 10.1% of residents are recorded as possessing school level qualifications and 47.8% 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 5, Westerby Lane, Leicester, the average age was 42.4 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, Westerby Lane, Leicester, 2.4% 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, Westerby Lane, Leicester, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.