40 Lancaster Road

    40, LANCASTER ROAD, LEICESTER, LE1 6YU

    This terraced freehold property on Lancaster Road last sold in December 2023 for £285,000. Based on price growth in the LE1 district since then, its estimated current value is £270,800 — placing it in the 43rd percentile nationally and the 97th percentile within LE1. The property covers 166 m² (1,787 sq ft), giving an estimated value of £1,631 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,787 sq ft

    166 m²

    Last Sale Price

    £285,000

    Dec 2023

    Estimated Valuation

    £270,800

    Est. £/sq ft

    £152/sq ft

    £1,631/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,787 sq ft (166 m²)
    EPC dateNov 2015
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Dec 2023

    £285,000

    9 Dec 2016

    £264,000

    13 Apr 2007

    £250,000

    13 Oct 2000

    £104,950

    26 Apr 1995

    £63,000

    Key Metrics

    Estimated valuation£270,800
    Value per sq ft / m²£152/sq ft (£1,631/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LE1 district percentile97th percentile
    National percentile43rd percentile

    District Context — LE1

    LE1 covers Leicester city centre and its immediately surrounding neighbourhoods, positioned at the heart of the East Midlands. The district is characterised by urban living and a significant student and young professional population.

    Average Property Price - LE1

    £137,230

    2

    National percentile

    Average Net Household Income - LE1

    £34,705

    30

    National percentile

    10-Year Annualised Price Growth - LE1

    1.5%

    5

    National percentile

    10-Year Annualised Rent Growth - LE

    4.9%

    93

    National percentile

    View full analysis for LE1

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