Flat 3, The Beeches, 594 Gipsy Lane, Leicester, LE5 0TB is a leasehold flat built between 1983-1990. The property offers approximately 624 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £113,059 , which equates to approximately £181 per square foot. It was last sold on 10 Oct 2022 for £116,000. Since then, the value has decreased by £2,941, representing a 2.5% decrease, or approximately 0.8% per year.

The current estimated value of £113,059 is:

  • 54.1% lower than the average property price on Gipsy Lane
  • 46.7% lower than the average in the LE5 0TB postcode area
  • and 61.7% lower than the average price for Leicester as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 9 June 2022, the property was recorded as owner-occupied.

View sold house prices in LE5 0TB

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
624 sq ft
Tenure
Leasehold
Price (estimate)
£113,059
Price Per sq ft (estimate)
£181
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, The Beeches, 594 Gipsy Lane, Leicester, LE5 0TB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 9 Jun 2022.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Dec 2014, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 8.7%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The lighting was changed from low energy lighting in 80% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LE5 0TB

10 th / 14
Price Rank
47% lower than average
3 rd / 11
Size Rank
11% smaller than average
9 th / 11
Price Per Sq FT Rank
40% lower than average

Compared to other properties in LE5 0TB , this flat's estimated value ranks 10th out of 14. Based on price per square foot, it ranks 9th out of 11 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 11 properties in its postcode area.

Sale History

Today
£113,059
streetscan.co.uk estimate
-3 %
10 Oct 2022
£116,000
Leasehold
+44.1 %
27 Nov 2015
£80,500
Leasehold
-16.1 %
15 Dec 2006
£95,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 560 sq ft
sale price: £107,500
sale date: 12 Nov 2021
rooms: 2
size: 603 sq ft
sale price: £77,000
sale date: 17 Oct 2014
rooms: 3
size: 560 sq ft
sale price: £82,000
sale date: 19 May 2006

Data Sources

The property at Flat 3, The Beeches, 594 Gipsy Lane, Leicester, LE5 0TB appears three times in the Land Registry records, with the latest transaction recorded on 10 Oct 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Jun 2022. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.