According to the public record, 98, Lutterworth Road, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 974 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Lutterworth Road, Blaby, Leicester, LE8 is located in the borough of Blaby within the LE8 postal district.
98, Lutterworth Road, Leicester has a single entry in the Land Registry database from October 2007 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 98 Lutterworth Road Leicester as £315,798 and the rental value as £1,264 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 98 Lutterworth Road Leicester has increased by £3,013 (1.0%) and its rental value has increased by £54 per month (4.3%).
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 98, Lutterworth Road, Leicester is in very good condition we estimate a sale value of £331,588 and rental value of £1,327 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,692 and a rental value of £1,176 per month.
If you were able to purchase this property for the estimated value of £315,798, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,552 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, 98, Lutterworth Road, Leicester was last sold on 03 Oct 2007 for £182,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2007, the market for similar properties has risen 61.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 98, Lutterworth Road, Leicester within a radius of 610 metres over the last 2 years.
The most recent example is 19, Lichfield Drive, Leicester, LE8 4AS, a Freehold house which sold for £395,000 in Sep 2023.
Read more about house prices in LE8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lutterworth Road, Blaby, Leicester, LE8 has a total of 172 addresses. According to our analysis of all the public data, 98, Lutterworth Road, Leicester is the 80th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in LE8.
The closest station to 98, Lutterworth Road, Leicester is Narborough station which is 2.5 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 98, Lutterworth Road, Leicester, 41.1% of property is privately owned with a mortgage and 34.8% 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 98, Lutterworth Road, Leicester, 17.3% of residents are recorded as possessing school level qualifications and 28.1% 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 98, Lutterworth Road, Leicester, the average age was 43.4 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 98, Lutterworth Road, Leicester, 0.0% 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 98, Lutterworth Road, Leicester, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.