According to the public record, 53, Lorraine Road, Leicester is a mid-century freehold house with 710 ft2 of internal area and sits on a 135 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lorraine Road, Leicester, LE2 is located within the LE2 postal district.
53, Lorraine Road, Leicester has 31 entries in the Land Registry database, most recently in December 2008 and a single entry in the EPC database dated January 2017.
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 53 Lorraine Road Leicester as £178,130 and the rental value as £864 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 53 Lorraine Road Leicester has increased by £3,961 (2.2%) and its rental value has increased by £38 per month (4.3%).
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 53, Lorraine Road, Leicester is in very good condition we estimate a sale value of £187,037 and rental value of £907 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £165,661 and a rental value of £804 per month.
If you were able to purchase this property for the estimated value of £178,130, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £875 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, 53, Lorraine Road, Leicester sits on a plot of 135m2.
We have plot size data on 28 out of 39 other houses in the postcode and 53, Lorraine Road, Leicester sits on the 8th largest plot.
According to HM Land Registry, 53, Lorraine Road, Leicester was last sold on 18 Dec 2008 for £70,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2008, the market for similar properties has risen 101.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Lorraine Road, Leicester within a radius of 500 metres over the last 2 years.
The most recent example is 251, Milligan Road, Leicester, LE2 8FG, a Freehold house which sold for £205,000 in May 2024.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lorraine Road, Leicester, LE2 has a total of 75 addresses. According to our analysis of all the public data, 53, Lorraine Road, Leicester is the 54th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in LE2.
53, Lorraine Road, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Jan 2017.
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 53, Lorraine Road, Leicester is South Wigston station which is 2.7 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 53, Lorraine Road, Leicester, 33.3% of property is privately rented and 32.0% 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 53, Lorraine Road, Leicester, 22.3% of residents are recorded as possessing school level qualifications and 29.9% 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 53, Lorraine Road, Leicester, the average age was 34.5 and the most common age was 32.
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 53, Lorraine Road, Leicester, 0.3% 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 53, Lorraine Road, Leicester, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.