According to the public record, 8, Orchard Lane, Leicester is a period freehold house with 635 ft2 of internal area and sits on a 150 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Orchard Lane, Countesthorpe, Leicester, LE8 is located in the borough of Blaby within the LE8 postal district.
8, Orchard Lane, Leicester has 41 entries in the Land Registry database, most recently in January 2018 and a single entry in the EPC database dated May 2016.
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 8 Orchard Lane Leicester as £222,547 and the rental value as £1,011 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8 Orchard Lane Leicester has increased by £4,132 (1.9%) and its rental value has increased by £60 per month (5.9%).
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 8, Orchard Lane, Leicester is in very good condition we estimate a sale value of £233,675 and rental value of £1,061 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,969 and a rental value of £940 per month.
If you were able to purchase this property for the estimated value of £222,547, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,094 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, 8, Orchard Lane, Leicester sits on a plot of 150m2.
We have plot size data on 3 out of 8 other houses in the postcode and 8, Orchard Lane, Leicester sits on the 3rd largest plot.
According to HM Land Registry, 8, Orchard Lane, Leicester was last sold on 24 Jan 2018 for £170,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jan 2018, the market for similar properties has risen 27.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Orchard Lane, Leicester within a radius of 830 metres over the last 2 years.
The most recent example is 20, Scotland Way, Leicester, LE8 5QZ, a Freehold house which sold for £230,000 in Aug 2022.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Orchard Lane, Countesthorpe, Leicester, LE8 has a total of 8 addresses. According to our analysis of all the public data, 8, Orchard Lane, Leicester is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in LE8.
8, Orchard Lane, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 May 2016.
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 8, Orchard Lane, Leicester is South Wigston station which is 3.3 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 8, Orchard Lane, Leicester, 40.2% of property is privately owned outright and 37.0% 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 8, Orchard Lane, Leicester, 19.3% of residents are recorded as possessing school level qualifications and 29.2% 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 8, Orchard Lane, Leicester, the average age was 43.2 and the most common age was 52.
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 8, Orchard 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 8, Orchard Lane, Leicester, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.