# 89 LUTHER STREET, LEICESTER, LE3 0QH

## Property details

- Slug: `63b65f6` (address key hash: `63b65f62de38c42ba0e98763e7f6e9c6ee34322a`)
- Postcode: LE3 0QH
- Transactions on record: 2

- Tenure: Freehold
- Property type: Terraced
- Bedrooms: 2
- Bathrooms: 1
- Floor area: 77 m²
- EPC rating: E
- Year built: England and Wales: 1900-1929
- Last sold: £182,500 Mar 2026
- Price per m²: £2,370/m²
- Local average: £188,008 (118 sales)
- Street crime: 1265 incidents within 1 mile (Jun 2026)

## Latest sale

- Price: £182,500
- Date: 2026-03-13
- Type: T
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** E
- **Potential rating:** B
- **Expiry date:** 28/08/2027
- **Current heating cost:** £965/year

### Recommendations
- A (350)
- A2 (1,500)
- Q (14,000)
- W2 (6,000)
- C (30)
- E (35)
- I (3,000)
- N (6,000)
- U (8,000)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8123-6628-4160-8951-5922)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-03-13 | £182,500 | Terraced | +37.7% | £178,746 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/50d10b84-2a5e-b8d0-e063-4704a8c08d98) |
| Sold | 2017-12-18 | £132,500 | Terraced | — | £194,282 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/64342bfe-722e-422c-e053-6c04a8c0fb8a) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 89 LUTHER STREET, LEICESTER, LE3 0QH | £182,500 | 13/03/2026 | Terraced |
| 89 LUTHER STREET, LEICESTER, LE3 0QH | £132,500 | 18/12/2017 | Terraced |

## Historic listings

Listing activity only where we matched the listing to a Land Registry sale already on record for this address.

- Matched listing: [154208084](http://87.117.209.195:8080/listings/985f3ed)

| Event | Date | Price |
|-------|------|-------|
| sold | 2026-01-01 | £182,500 |
| listed | 2024-10-25 | £182,500 |
| sold | 2017-01-01 | £132,500 |
| sold | 2008-01-01 | £112,450 |
| sold | 2004-01-01 | £110,000 |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 105 HARROW ROAD, LEICESTER, LE3 0JY | £173,000 | 13/01/2026 | Terraced |
| 22 LIVINGSTONE STREET, LEICESTER, LE3 0QY | £125,000 | 28/11/2025 | Terraced |
| 101 LUTHER STREET, LEICESTER, LE3 0QH | £157,000 | 21/11/2025 | Terraced |
| 69 TYNDALE STREET, LEICESTER, LE3 0QQ | £157,000 | 21/11/2025 | Terraced |
| 56 RIDLEY STREET, LEICESTER, LE3 0QJ | £120,500 | 13/11/2025 | Terraced |
| 58 RIDLEY STREET, LEICESTER, LE3 0QJ | £134,000 | 13/11/2025 | Terraced |
| 26 LUTHER STREET, LEICESTER, LE3 0QG | £168,000 | 10/11/2025 | Terraced |
| 66 LUTHER STREET, LEICESTER, LE3 0QG | £147,000 | 07/11/2025 | Terraced |
| 20 LIVINGSTONE STREET, LEICESTER, LE3 0QY | £151,000 | 21/02/2025 | Terraced |
| 68 CRANMER STREET, LEICESTER, LE3 0QA | £175,000 | 07/02/2025 | Terraced |
| 38 LIVINGSTONE STREET, LEICESTER, LE3 0QY | £145,000 | 03/02/2025 | Terraced |
| 98 LIVINGSTONE STREET, LEICESTER, LE3 0QY | £197,000 | 10/01/2025 | Terraced |
| 36 LIVINGSTONE STREET, LEICESTER, LE3 0QY | £139,000 | 04/10/2024 | Terraced |
| 104 LIVINGSTONE STREET, LEICESTER, LE3 0QY | £137,000 | 24/05/2024 | Terraced |
| 4 LIVINGSTONE STREET, LEICESTER, LE3 0QY | £163,000 | 07/12/2023 | Terraced |
| 34 LATIMER STREET, LEICESTER, LE3 0QE | £132,500 | 20/11/2023 | Terraced |
| 100 RIDLEY STREET, LEICESTER, LE3 0QJ | £170,000 | 17/11/2023 | Terraced |
| 30 LUTHER STREET, LEICESTER, LE3 0QG | £161,250 | 01/11/2023 | Terraced |
| 69 LATIMER STREET, LEICESTER, LE3 0QF | £180,000 | 04/09/2023 | Terraced |
| 3 CRANMER STREET, LEICESTER, LE3 0QB | £185,000 | 02/08/2023 | Terraced |

**Area average:** £155,863 (20 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 7%
- **10y growth:** 44.1%

## House Price Index (HM Land Registry)

*Official index for Leicester; Terraced series; as of May 2026.*

- **1y growth (index):** 2.1%
- **5y growth (index):** 17.1%
- **10y growth (index):** 62.6%

## Rental Range

*ONS Price Index of Private Rents (Leicester). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £923/mo
- **Realistic:** £1,025/mo
- **Optimistic:** £1,128/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Leicester (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets in the area (all bedroom counts shown — none matched the 2-bedroom count for this property). Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| Studio Flat, Norfolk St, LE3 | £615/mo | 1 | 0.21 miles | OpenRent |

**Average rent: £615/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.34% (weak for cashflow)
- **Max investor price (0.8%):** £76,875
- **Target investor price (1%):** £61,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £615/mo).*

- **Gross yield:** 4%
- **Cost-to-rent:** 24.7×
- **Monthly cashflow:** £-190/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -4.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 2
- **Risk:** In flood risk area
- **Source:** Environment Agency Flood Risk Areas (APSFR)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 432 |
| Anti-social behaviour | 161 |
| Public order | 161 |
| Shoplifting | 119 |
| Other theft | 100 |
| Criminal damage and arson | 87 |
| Drugs | 71 |
| Vehicle crime | 48 |
| Burglary | 25 |
| Bicycle theft | 17 |
| Possession of weapons | 12 |
| Theft from the person | 12 |
| Robbery | 11 |
| Other crime | 9 |
| **Total incidents** | **1265** |

*Within 1 mile during Jun 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Shaftesbury Junior School | Primary | 0.1 miles | Good — 22 Mar 2022 |
| King Richard III Infant and Nursery School | Primary | 0.2 miles | Requires improvement — 9 Jun 2024 |
| Cherryleas Assessment Centre | Other | 0.2 miles | — (No rating) |
| Brook Mead Academy | Secondary | 0.4 miles | Outstanding — 7 May 2024 |
| Castle Mead Academy | Secondary | 0.5 miles | Outstanding — 16 Nov 2023 |