1, Draper Street
1, Draper Street
Description & Estimates
1, Draper Street, Leicester appears in the public record as a Leasehold apartment.
By comparing it to nearby properties, we estimate it to be a period apartment with 932 ft2 of internal area and a garden.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 1, Draper Street, Leicester is £130,667 and its rental estimate is £793 per month, given the available information and assuming reasonable condition.
Draper Street, Leicester, LE2 falls within the LE2 postal district.
Our Data Sources
1, Draper Street, Leicester has a single entry in the Land Registry from December 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Draper Street, Leicester, we estimate a market value of £137,200 and a rental value of £832 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £121,520 and £737 per month respectively.
Recent Market Change
Over the last year, 1, Draper Street, Leicester has seen its estimated sale value fall by £996 (0.8%) and its estimated rental value move up by £24 per month (3.1%). This results in an estimated gross rental yield of 7.3%.
Sold Prices
The most recent sale of 1, Draper Street, Leicester completed on 10th December 2024 at £320,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 37.5% over the period since December 2024.
- Sold Dec 2024£320,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 300 metres of 1, Draper Street, Leicester, per the Land Registry and our network of Estate Agents.
The latest, on the 21st June 2018, was 2A, Draper Street, Leicester, LE2 1PP, a leasehold flat which sold for £380,000.
Read more about house prices in LE2.
- Sold Jun 2018£380,000 | 2 Bed Flat2A, Draper Street, Leicester, LE2 1PP2A, Draper Street, Leicester, LE2 1PP
- Sold Jul 2014£125,000 | 3 Bed House7, Draper Street, Leicester, LE2 1PQ7, Draper Street, Leicester, LE2 1PQ
- Sold Jun 2014£115,000 | 4 Bed House3, Draper Street, Leicester, LE2 1PQ3, Draper Street, Leicester, LE2 1PQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 53 addresses on Draper Street, Leicester, LE2, 1, Draper Street, Leicester comes out as the 8th largest and the 52nd most expensive in our analysis of the public data.
It is also £148k less expensive than the average property across the LE2 district.
More reading links
Schools Nearby
- 400mMedway Community Primary School
- 600mEvington Valley Primary School
- 700mSt John the Baptist CofE Primary School
- 800mMadani Girls' School
- 800mMadani Boys School
- 1.1kmMoat Community College
More reading links
Public Transport Nearby
From 1, Draper Street, Leicester, the nearest station is Leicester, 1.2 kilometres away.
- 1.2kmLeicester
- 5.1kmSouth Wigston
- 7.9kmSyston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
