Downsizing in Enderby: What You Would Actually Release
Selling at the £290,000 Enderby average and buying at £203,000 releases about £78,390 after costs. Fees, stamp duty and moving take roughly £8,610 of it.
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Selling at the £290,000 Enderby average and buying at £203,000 releases about £78,390 after costs. Fees, stamp duty and moving take roughly £8,610 of it.
What an Enderby move actually releases
Start with the gap. Selling at £290,000 and buying at 70% of that, £203,000, leaves £87,000 before costs. Costs are the part people underestimate.
Agent fees at 1.5% are £4,350. Stamp duty on the purchase is £1,560. Total £8,610, leaving £78,390 in hand.
Where the sale proceeds go
The commercial page for this town sets out the introduction itself: Equity release in Enderby.
Two routes to the same cash, priced
A lifetime mortgage at 65 on the same property would release about £98,600. Downsizing nets £78,390. The difference is that downsizing costs you the house, and equity release costs you the estate.
Over twenty years that £98,600 release grows to roughly £347,431. The downsizing figure does not grow at all, because there is no debt.
Moving within Leicestershire rather than out of it keeps you near family and known services. The average price across the county towns we cover is £299,265, against £290,000 here.
What the move costs beyond money
Council tax follows the property, not the person. Band D in Leicestershire is £2,490, and a smaller home may sit in a lower band. Check the band before you offer, not after.
Downsizing works best when you are not in a hurry.
What a move within Enderby looks like
The schools families ask about here are Enderby Danemill Primary School, New Lubbesthorpe Primary School, Brockington College and Cosby Primary School (nearby Cosby). 3 local schools were rated Good or Outstanding overall at their most recent graded Ofsted inspection. Ratings age between inspections, so read the latest report before you rely on one.
On getting about: Enderby to Leicester city centre takes about 15 to 25 min.
By price, Enderby ranks 18 of the 34 Leicestershire locations we cover, at £290,000 against a county average of £299,265. Band D council tax here is £2,490, against an average of £2,378 across the towns we cover in the county.
Is Enderby right to stay in?
Enderby is a large, well-connected commuter village / small town on the SW edge of Leicester.
The full local guide covers schools, transport and the market in detail: Enderby property and area guide.
- Exceptionally well connected (M1 J21, M69, A46)
- Affordable for a village near Leicester
- Huge employment and retail on the doorstep
- A Good primary in the village and on New Lubbesthorpe
- Everards Meadows, green space and the Sence corridor
- Traffic and noise near the motorway and Fosse Park
- A busy, growing place rather than a quiet retreat
- Ongoing building works around New Lubbesthorpe
- The local secondary (Brockington) was Requires Improvement (Apr 2024)
- Estate management charges on some new homes
| Who it suits | Out of five | Why |
|---|---|---|
| Downsizers | ★★★☆☆ | Bungalows and smaller modern homes, level walking to shops and services and good transport suit some downsizers, but Enderby is busy and close to the motorway and retail parks, so choose the road carefully. |
| First-time buyers | ★★★★★ | Some of the more affordable homes near Leicester, terraces and smaller semis often from around £190,000 to £260,000, in a village with jobs, shops and fast transport on the doorstep make Enderby a strong first step onto the ladder. |
| Families | ★★★★☆ | A Good primary in the village (Enderby Danemill) and a Good primary on the New Lubbesthorpe development, plenty of green space and family estates, and easy access to Leicester, though the local secondary, Brockington College, was rated Requires Improvement at its April 2024 inspection, so check the latest report and catchment. |
| Commuters | ★★★★★ | Junction 21 of the M1, the M69 and the A46 on the doorstep, the Enderby park & ride into Leicester, and Narborough station next door on the Birmingham to Leicester line make this one of the best-connected commuter villages around the city. |
| New-build buyers | ★★★★★ | The large New Lubbesthorpe development offers brand-new homes with green space, a primary school and community facilities, a genuine draw, provided you check the tenure, build stage and estate management (service) charge. |
Enderby is known locally for Everards Brewery, and Everards Meadows. Everards, the historic Leicestershire family brewery founded in 1849, has its headquarters and its Everards Meadows leisure destination on the edge of Enderby, a well-known local institution.
Practical detail for Enderby: the LE19 postcode district, no station in Enderby; Narborough station (adjoining) on the Birmingham to Leicester line; Enderby park & ride into the city and nearest A and E is Leicester Royal Infirmary (Type-1, in the city), verify with NHS.
Enderby has history behind the price. In Domesday (1086), Enderby is recorded as an established village, its Scandinavian '-by' name reflects the area's Danish heritage.
Enderby at a glance
| Downsizing line | Enderby figure |
|---|---|
| Sale price, local average | £290,000 |
| Purchase at 70% of value | £203,000 |
| Estate agent at 1.5% | £4,350 |
| Stamp duty on purchase | £1,560 |
| Legal and moving | £2,700 |
| Total costs | £8,610 |
| Net released | £78,390 |
| Lifetime mortgage alternative at 65 | £98,600 |
Figures are local averages used for illustration. Confirm your own numbers before acting on them.
Ask about Enderby
Three details is all we need. You are told before anything is passed to a partner firm.
Your checklist
- A real valuation of your home, not the £290,000 average
- The council tax band of the property you are buying
- Total moving costs of about £8,610
- The equity release comparison, in writing, before you decide
The introduction costs you nothing. If you go ahead, we may be paid a fee by the firm we introduce you to. There is no obligation.
Check broadband before you make an offer in Enderby
Broadband speeds can vary street by street in Enderby, so check the exact address before you commit. Ofcom's free checker shows which broadband speeds and mobile coverage are available at any UK property.
We can introduce you to a specialist who can combine your mobile, broadband and utilities into one bill. There's no fee for the introduction.
We don't provide these services ourselves. Switching household bills is not a regulated financial service, so FCA protections and the Financial Ombudsman do not apply. We'll only pass your details to the specialist if you ask us to. See our privacy notice.
Questions people ask
How much would I release by downsizing in Enderby?
Is downsizing better than equity release?
What are the costs of moving?
How do I check broadband speed at a property in Enderby?
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