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Property details for Apartment 13, 44 Friar Lane, Leicester LE1 5RA

Flat, Leasehold, 2 Beds, 2 Baths, 1 Recep - Edit
Zoopla Estimate: £102,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £102,000
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  • Value change
    950 (0.9%) 3,500 (3.6%) 4,350 (4.5%) 11,550 (12.8%) 14,650 (16.9%) 19,300 (23.5%) 17,950 (21.5%)  
    from 
  • Rental value
    £450 pcm
  • Confidence level
    97
  • Value range
    £98,000 - £105,000
  • Rental range
    £400 - £500 pcm

Monthly running costs Beta

£456 Monthly total
Remortgage
Property value
Loan amount (60%) 61,200
Repayment term 25
Interest rate 0.5
Your payment £217 /mo Find remortgage deals In partnership with uSwitch
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £650,000 Contents value up to £65,000 Average insurance cost £29/mo (£351/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £31 Electricity £30 Estimated energy cost £61/mo (£731/yr)

Reduce your energy costs by up to £106/year

  • You could save £106/yr
  • You could save £91/yr
  • You could save £74/yr
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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 7700 kWh/year
Electricity: 2300 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Leicester

Estimated tax band B Council tax cost £120 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £16 Sewerage £13 Estimated water cost £29 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Flat | Tenure: Leasehold | Last sale: £85,000 | Sale date: 24th Apr 2014 - Previous sales
Property type: Flat | Tenure: Leasehold | Previous sale: £154,950 | Sale date: 21st Dec 2007 New build
| Currently to rent

This 2 bed leasehold flat is located at 44 Friar Lane, Leicester LE1 5RA and has an estimated current value of £102,000. Friar Lane, LE1 has 50 houses and flats on it with a current average value of £183,543, compared to an average property value of £151,847 for LE1. There are currently 93 houses and flats for sale in LE1 with an average asking price of £221,950 and 398 properties to rent in LE1 with an average asking rent of £295 pw.

Owner info

As the owner of a home, you may claim it on Zoopla to edit your home facts, set a TemptMe Price and more...

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Market activity
Average price paid £118,785 Sales 138 Current average value £151,847 (Zoopla Zed-Index) Value change £6,537 ▲ 4.50%

What is the current average value of properties in LE1?

The current average value in LE1 in January 2017 is £151,847. This has increased 0.89% from October 2016. Terraced properties sold for a current average value of £235,026 and semi-detached properties valued £237,036. In the past year property prices in LE1 have increased 4.50%. This is according to the current Zoopla estimates.

Property value data/graphs for LE1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £275,554 - 3.7 £181,500
Semi-detached £237,036 - 3.6 £168,150
Terraced £235,026 £162 3.2 £272,900
Flats £141,472 £210 1.8 £112,047

Current asking prices in LE1

Average: £131,051
Avg. current asking prices in LE1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - - £200,000
(1)
£214,999
(1)
-
Flats £92,604
(23)
£125,668
(44)
£165,000
(1)
- -
All £92,604
(23)
£125,668
(44)
£182,500
(2)
£214,999
(1)
-

Current asking rents in LE1

Average: £753 pcm
Avg. current asking prices in LE1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £580 pcm
(4)
£1,554 pcm
(8)
£1,173 pcm
(3)
£1,300 pcm
(9)
£1,842 pcm
(3)
Flats £594 pcm
(97)
£773 pcm
(80)
£1,045 pcm
(14)
£1,234 pcm
(3)
£1,625 pcm
(3)
All £594 pcm
(101)
£844 pcm
(88)
£1,068 pcm
(17)
£1,283 pcm
(12)
£1,733 pcm
(6)

Fun facts for LE1

Highest value in LE1
Highest value streets Zed-Index
Wellington Street £271,482
De Montfort Street £270,715
West Street £255,088
New Walk £248,955
Salisbury Road £241,344
Highest turnover in LE1
Highest turnover streets Turnover
Church Street 60.7%
Berridge Street 60.0%
Colton Square 51.6%
Shires Lane 48.4%
York Street 29.5%

What Zoopla users think of Leicester

Overall rating:

  • currently 4 stars
Very good - 76% (453 ratings)

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Local info for Leicester

About the neighbours in LE1

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