According to the public record, 70, Spalding Street, Leicester is a period freehold house with 1,022 ft2 of internal area and sits on a 119 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Spalding Street, Leicester, LE5 is located within the LE5 postal district.
70, Spalding Street, Leicester has 31 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated January 2015.
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 70 Spalding Street Leicester as £255,754 and the rental value as £1,042 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 70 Spalding Street Leicester has increased by £3,975 (1.6%) and its rental value has increased by £59 per month (5.7%).
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 70, Spalding Street, Leicester is in very good condition we estimate a sale value of £268,542 and rental value of £1,095 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,852 and a rental value of £969 per month.
If you were able to purchase this property for the estimated value of £255,754, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,257 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, 70, Spalding Street, Leicester sits on a plot of 119m2.
We have plot size data on 19 out of 23 other houses in the postcode and 70, Spalding Street, Leicester sits on the largest plot.
According to HM Land Registry, 70, Spalding Street, Leicester was last sold on 03 Dec 2020 for £235,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2020, the market for similar properties has risen 18.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 70, Spalding Street, Leicester within a radius of 450 metres over the last 2 years.
The most recent example is 52, Bridge Road, Leicester, LE5 3LA, a Freehold house which sold for £297,000 in Nov 2023.
Read more about house prices in LE5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spalding Street, Leicester, LE5 has a total of 25 addresses. According to our analysis of all the public data, 70, Spalding Street, Leicester is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in LE5.
70, Spalding Street, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jan 2015.
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 70, Spalding Street, Leicester is Leicester station which is 2.0 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 70, Spalding Street, Leicester, 41.9% of property is privately rented and 26.6% is socially rented.
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 70, Spalding Street, Leicester, 20.8% of residents are recorded as possessing school level qualifications and 14.1% 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 70, Spalding Street, Leicester, the average age was 35.4 and the most common age was 17.
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 70, Spalding Street, 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 70, Spalding Street, Leicester, there are an average of 0.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.