According to the public record, 12B, Weir Lane, Leicester is a modern house with 764 ft2 of internal area and sits on a 2,907 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Weir Lane, Houghton-On-The-Hill, Leicester, LE7 is located in the borough of Harborough within the LE7 postal district.
12B, Weir Lane, Leicester has no records in the Land Registry database and a single entry in the EPC database dated September 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 12B Weir Lane Leicester as £321,625 and the rental value as £1,244 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 12B Weir Lane Leicester has increased by £3,645 (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 12B, Weir Lane, Leicester is in very good condition we estimate a sale value of £337,707 and rental value of £1,306 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,112 and a rental value of £1,157 per month.
If you were able to purchase this property for the estimated value of £321,625, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,581 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, 12B, Weir Lane, Leicester sits on a plot of 2907m2.
We have plot size data on 13 out of 18 other houses in the postcode and 12B, Weir Lane, Leicester sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12B, Weir Lane, Leicester within a radius of 3.2 kilometres over the last 2 years.
The most recent example is 11, Redvers Avenue, Leicester, LE7 9HX, a Freehold house which sold for £257,000 in Jun 2023.
Read more about house prices in LE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Weir Lane, Houghton-On-The-Hill, Leicester, LE7 has a total of 18 addresses. According to our analysis of all the public data, 12B, Weir Lane, Leicester is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in LE7.
12B, Weir Lane, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 12B, Weir Lane, Leicester is Leicester station which is 8.7 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 12B, Weir Lane, Leicester, 50.7% of property is privately owned outright and 31.6% 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 12B, Weir Lane, Leicester, 17.9% of residents are recorded as possessing school level qualifications and 55.6% 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 12B, Weir 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 12B, Weir Lane, Leicester, 3.1% 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 12B, Weir Lane, Leicester, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.