According to the public record, 78, Cork Lane, Leicester is a mid-century freehold house with 1,070 ft2 of internal area and sits on a 505 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cork Lane, Glen Parva, Leicester, LE2 is located in the borough of Blaby within the LE2 postal district.
78, Cork Lane, Leicester has a single entry in the Land Registry database from July 2011 and a single entry in the EPC database dated October 2009.
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 78 Cork Lane Leicester as £328,606 and the rental value as £1,054 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 78 Cork Lane Leicester has increased by £4,430 (1.3%) and its rental value has increased by £41 per month (3.9%).
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 78, Cork Lane, Leicester is in very good condition we estimate a sale value of £345,037 and rental value of £1,107 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,604 and a rental value of £981 per month.
If you were able to purchase this property for the estimated value of £328,606, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,615 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, 78, Cork Lane, Leicester sits on a plot of 505m2.
We have plot size data on 29 out of 53 other houses in the postcode and 78, Cork Lane, Leicester sits on the 4th largest plot.
According to HM Land Registry, 78, Cork Lane, Leicester was last sold on 07 Jul 2011 for £142,105 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2011, the market for similar properties has risen 78.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, Cork Lane, Leicester within a radius of 720 metres over the last 2 years.
The most recent example is 24A, West View Avenue, Leicester, LE2 9JT, a Freehold house which sold for £260,000 in Apr 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cork Lane, Glen Parva, Leicester, LE2 has a total of 82 addresses. According to our analysis of all the public data, 78, Cork Lane, Leicester is the 46th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in LE2.
78, Cork Lane, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Oct 2009.
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 78, Cork Lane, Leicester is South Wigston station which is 2.3 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 78, Cork Lane, Leicester, 35.4% of property is privately owned outright and 30.4% 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 78, Cork Lane, Leicester, 17.8% of residents are recorded as possessing school level qualifications and 26.5% 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 78, Cork Lane, Leicester, the average age was 40.4 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 78, Cork Lane, Leicester, 0.6% 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 78, Cork Lane, Leicester, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.