According to the public record, 613, Saffron Lane, Leicester is a early-century freehold house with 1,044 ft2 of internal area and sits on a 259 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Saffron Lane, Leicester, LE2 is located within the LE2 postal district.
613, Saffron Lane, Leicester has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated June 2022.
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 613 Saffron Lane Leicester as £237,164 and the rental value as £1,000 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 613 Saffron Lane Leicester has increased by £4,716 (2.0%) and its rental value has increased by £41 per month (4.1%).
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 613, Saffron Lane, Leicester is in very good condition we estimate a sale value of £249,022 and rental value of £1,050 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,562 and a rental value of £930 per month.
If you were able to purchase this property for the estimated value of £237,164, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,166 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, 613, Saffron Lane, Leicester sits on a plot of 259m2.
We have plot size data on 13 out of 25 other houses in the postcode and 613, Saffron Lane, Leicester sits on the 10th largest plot.
According to HM Land Registry, 613, Saffron Lane, Leicester was last sold on 17 Nov 2022 for £235,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 613, Saffron Lane, Leicester within a radius of 510 metres over the last 2 years.
The most recent example is 269, Wigston Lane, Leicester, LE2 8DL, a Freehold house which sold for £260,000 in Jun 2024.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Saffron Lane, Leicester, LE2 has a total of 483 addresses. According to our analysis of all the public data, 613, Saffron Lane, Leicester is the 50th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in LE2.
613, Saffron Lane, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jun 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 613, Saffron Lane, Leicester is South Wigston station which is 1.9 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 613, Saffron Lane, Leicester, 43.4% of property is privately owned with a mortgage and 29.4% is privately owned outright.
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 613, Saffron Lane, Leicester, 20.7% of residents are recorded as possessing school level qualifications and 21.5% 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 613, Saffron Lane, Leicester, the average age was 40.8 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 613, Saffron Lane, 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 613, Saffron Lane, Leicester, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.