According to the public record, 49C, Spencefield Lane, Leicester is a modern leasehold house with 1,399 ft2 of internal area and sits on a 868 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Spencefield Lane, Leicester, LE5 is located within the LE5 postal district.
49C, Spencefield Lane, Leicester has a single entry in the Land Registry database from October 2009 and a single entry in the EPC database dated December 2008.
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 49C Spencefield Lane Leicester as £810,028 and the rental value as £2,061 per month giving an expected gross yield of 3.1%.
Over the last 12 months the sale value of 49C Spencefield Lane Leicester has decreased by £3,240 (0.4%) and its rental value has increased by £77 per month (3.7%).
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 49C, Spencefield Lane, Leicester is in very good condition we estimate a sale value of £850,530 and rental value of £2,164 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £753,326 and a rental value of £1,917 per month.
If you were able to purchase this property for the estimated value of £810,028, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,981 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, 49C, Spencefield Lane, Leicester sits on a plot of 868m2.
We have plot size data on 11 out of 16 other houses in the postcode and 49C, Spencefield Lane, Leicester sits on the 8th largest plot.
According to HM Land Registry, 49C, Spencefield Lane, Leicester was last sold on 30 Oct 2009 for £540,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Oct 2009, the market for similar properties has risen 92.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 690 metres radius of 49C, Spencefield Lane, Leicester over the last 2 years.
The most recent example is 7, Oakside Close, Leicester, LE5 6SN, a Freehold house which sold for £200,000 in Oct 2023.
Read more about house prices in LE5.
Spencefield Lane, Leicester, LE5 has a total of 169 addresses. According to our analysis of all the public data, 49C, Spencefield Lane, Leicester is the 119th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £535k more expensive than the average property in LE5.
49C, Spencefield Lane, Leicester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Dec 2008.
The property is not connected to mains gas and has windows. It is heated using a boiler and radiators.
The closest station to 49C, Spencefield Lane, Leicester is Leicester station which is 4.1 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 49C, Spencefield Lane, Leicester, 62.3% of property is privately owned outright and 25.4% 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 49C, Spencefield Lane, Leicester, 16.9% of residents are recorded as possessing school level qualifications and 33.0% 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 49C, Spencefield Lane, Leicester, the average age was 41.6 and the most common age was 12.
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 49C, Spencefield Lane, 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 49C, Spencefield Lane, Leicester, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.