According to the public record, 8, Scotland Lane, Leicester is a period freehold house with 763 ft2 of internal area and sits on a 2,665 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Scotland Lane, Houghton-On-The-Hill, Leicester, LE7 is located in the borough of Harborough within the LE7 postal district.
8, Scotland Lane, Leicester has a single entry in the Land Registry database from November 2010 and a single entry in the EPC database dated August 2010.
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 Scotland Lane Leicester as £337,121 and the rental value as £1,243 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 8 Scotland Lane Leicester has increased by £3,821 (1.1%) and its rental value has increased by £59 per month (4.7%).
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 8, Scotland Lane, Leicester is in very good condition we estimate a sale value of £353,977 and rental value of £1,305 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,522 and a rental value of £1,156 per month.
If you were able to purchase this property for the estimated value of £337,121, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,657 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, Scotland Lane, Leicester sits on a plot of 2665m2.
We have plot size data on 14 out of 27 other houses in the postcode and 8, Scotland Lane, Leicester sits on the largest plot.
According to HM Land Registry, 8, Scotland Lane, Leicester was last sold on 19 Nov 2010 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2010, the market for similar properties has risen 88.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Scotland Lane, Leicester within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 21, Main Street, Leicester, LE7 9GE, a Freehold house which sold for £192,500 in Oct 2022.
Read more about house prices in LE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Scotland Lane, Houghton-On-The-Hill, Leicester, LE7 has a total of 29 addresses. According to our analysis of all the public data, 8, Scotland Lane, Leicester is the 25th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in LE7.
8, Scotland Lane, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Aug 2010.
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, Scotland Lane, Leicester is Leicester station which is 8.6 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, Scotland Lane, Leicester, 37.3% of property is privately owned with a mortgage and 35.1% 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 8, Scotland Lane, Leicester, 22.7% of residents are recorded as possessing school level qualifications and 43.8% 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, Scotland Lane, Leicester, the average age was 42.8 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 8, Scotland Lane, Leicester, 1.0% 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, Scotland 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.