According to the public record, 51, Grange Lane, Leicester is a modern freehold house with 1,867 ft2 of internal area and sits on a 1,007 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Grange Lane, Thurnby, Leicester, LE7 is located in the borough of Harborough within the LE7 postal district.
51, Grange Lane, Leicester has a single entry in the Land Registry database from February 2015 and a single entry in the EPC database dated December 2011.
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 51 Grange Lane Leicester as £633,963 and the rental value as £1,863 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 51 Grange Lane Leicester has decreased by £1,402 (0.2%) and its rental value has increased by £72 per month (3.8%).
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 51, Grange Lane, Leicester is in very good condition we estimate a sale value of £665,661 and rental value of £1,956 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £589,586 and a rental value of £1,733 per month.
If you were able to purchase this property for the estimated value of £633,963, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,116 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, 51, Grange Lane, Leicester sits on a plot of 1007m2.
We have plot size data on 25 out of 32 other houses in the postcode and 51, Grange Lane, Leicester sits on the 3rd largest plot.
According to HM Land Registry, 51, Grange Lane, Leicester was last sold on 13 Feb 2015 for £500,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2015, the market for similar properties has risen 66.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Grange Lane, Leicester within a radius of 860 metres over the last 2 years.
The most recent example is 67A, Grange Lane, Leicester, LE7 9PH, a Freehold house which sold for £610,000 in Apr 2023.
Read more about house prices in LE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grange Lane, Thurnby, Leicester, LE7 has a total of 38 addresses. According to our analysis of all the public data, 51, Grange Lane, Leicester is the 7th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £277k more expensive than the average property in LE7.
51, Grange Lane, Leicester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 01 Dec 2011.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 51, Grange Lane, Leicester is Leicester station which is 5.2 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 51, Grange Lane, Leicester, 64.9% of property is privately owned outright and 25.4% 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 51, Grange Lane, Leicester, 10.2% of residents are recorded as possessing school level qualifications and 46.6% 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 51, Grange 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 51, Grange Lane, Leicester, 2.6% 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 51, Grange Lane, Leicester, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.