16, Drapers Lane
16, Drapers Lane
Description & Estimates
According to the public record, 16, Drapers Lane, Leominster is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 376 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Drapers Lane, Leominster is £231,979 and the estimated rental value is £679 per month.
Drapers Lane, Leominster, HR6 is located within the HR6 postal district.
Our Data Sources
16, Drapers Lane, Leominster has 2 entries in the Land Registry , most recently in August 2021 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Drapers Lane, Leominster is in very good condition we estimate a sale value of £243,578 and a rental value of £713 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £215,741 and a rental value of £632 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 16, Drapers Lane, Leominster has decreased by £385 (0.2%), while its estimated rental value has grown by £30 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 3.5%.
Sold Prices
According to HM Land Registry, 16, Drapers Lane, Leominster was last sold on 4th August 2021 for £72,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2021, the market for similar properties has risen by 65.1%.
- Sold Aug 2021£72,500
- Sold May 2007£84,000
Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 520 metres of 16, Drapers Lane, Leominster over the last 2 years.
The most recent example is 25, Drapers Lane, Leominster, HR6 8ND, a freehold house which sold for £955,000 on the 20th October 2022.
Read more about house prices in HR6.
- Sold Oct 2022£955,000 | 2 Bed House25, Drapers Lane, Leominster, HR6 8ND25, Drapers Lane, Leominster, HR6 8ND
- Sold Dec 2018£150,000 | 2 Bed FlatFlat A, 13-15, Drapers Lane, Leominster, HR6 8NDFlat A, 13-15, Drapers Lane, Leominster, HR6 8ND
- Sold May 2018£70,000 | 2 Bed House1, Drapers Lane, Leominster, HR6 8ND1, Drapers Lane, Leominster, HR6 8ND
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Drapers Lane, Leominster, HR6 has a total of 26 addresses. According to our analysis of all the public data, 16, Drapers Lane, Leominster is the 26th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in HR6.
More reading links
Schools Nearby
- 900mLeominster Primary School
- 3.3kmIvington CofE Primary and Pre-School
- 3.9kmKimbolton St James CofE Primary School
- 600mEarl Mortimer College
- 12.0kmWeobley High School
- 12.7kmWigmore School
More reading links
Public Transport Nearby
The closest station to 16, Drapers Lane, Leominster is Leominster station, which is 500 metres away.
- 500mLeominster
- 16.0kmLudlow
- 18.6kmHereford
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
