According to the public record, 7, Brook Lane, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 613 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Brook Lane, Billesdon, Leicester, LE7 is located in the borough of Harborough within the LE7 postal district.
7, Brook Lane, Leicester has 31 entries in the Land Registry database, most recently in February 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 7 Brook Lane Leicester as £254,709 and the rental value as £1,047 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 7 Brook Lane Leicester has increased by £5,039 (2.0%) and its rental value has increased by £53 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 7, Brook Lane, Leicester is in very good condition we estimate a sale value of £267,444 and rental value of £1,100 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,879 and a rental value of £974 per month.
If you were able to purchase this property for the estimated value of £254,709, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,252 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, 7, Brook Lane, Leicester was last sold on 08 Feb 2006 for £149,950 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Brook Lane, Leicester within a radius of 4.8 kilometres over the last 2 years.
The most recent example is 5, White Hart Close, Leicester, LE7 9AU, a Freehold house which sold for £226,000 in Sep 2022.
Read more about house prices in LE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brook Lane, Billesdon, Leicester, LE7 has a total of 38 addresses. According to our analysis of all the public data, 7, Brook Lane, Leicester is the 29th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in LE7.
The closest station to 7, Brook Lane, Leicester is Leicester station which is 12.8 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 7, Brook Lane, Leicester, 35.4% of property is privately owned outright and 31.0% 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 7, Brook Lane, Leicester, 20.1% of residents are recorded as possessing school level qualifications and 44.6% 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 7, Brook Lane, Leicester, the average age was 46.3 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 7, Brook 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 7, Brook 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.