According to the public record, Newstead, Lutterworth is a mid-century freehold house with 1,485 ft2 of internal area and sits on a 278 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Fenny Lane, Shearsby, Lutterworth, LE17 is located in the borough of Harborough within the LE17 postal district.
Newstead, Lutterworth has 3 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated July 2012.
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 Newstead Lutterworth as £552,883 and the rental value as £1,657 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of Newstead Lutterworth has decreased by £4,629 (0.8%) and its rental value has increased by £52 per month (3.1%).
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 Newstead, Lutterworth is in very good condition we estimate a sale value of £580,527 and rental value of £1,740 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £514,181 and a rental value of £1,541 per month.
If you were able to purchase this property for the estimated value of £552,883, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,717 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, Newstead, Lutterworth sits on a plot of 278m2.
We have plot size data on 9 out of 11 other houses in the postcode and Newstead, Lutterworth sits on the 9th largest plot.
According to HM Land Registry, Newstead, Lutterworth was last sold on 23 Apr 2021 for £465,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2021, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Newstead, Lutterworth within a radius of 3.6 kilometres over the last 2 years.
The most recent example is The Walnuts, St. Peters Road, Leicester, LE8 5WJ, a Freehold house which sold for £550,000 in Jul 2018.
Read more about house prices in LE17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fenny Lane, Shearsby, Lutterworth, LE17 has a total of 11 addresses. According to our analysis of all the public data, Newstead, Lutterworth is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £187k more expensive than the average property in LE17.
Newstead, Lutterworth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jul 2012.
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 Newstead, Lutterworth is South Wigston 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 Newstead, Lutterworth, 57.0% of property is privately owned outright and 24.0% 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 Newstead, Lutterworth, 12.5% of residents are recorded as possessing school level qualifications and 40.3% 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 Newstead, Lutterworth, the average age was 45.2 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 Newstead, Lutterworth, 0.9% 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 Newstead, Lutterworth, 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.