16, Peel Drive
16, Peel Drive
Description & Estimates
16, Peel Drive, Loughborough is recorded publicly as a mid-century leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 16, Peel Drive, Loughborough is £99,032 and its rental estimate is £622 per month, given the available information and assuming reasonable condition.
Peel Drive, Loughborough, LE11 falls within the LE11 postal district, in the borough of Charnwood.
Our Data Sources
16, Peel Drive, Loughborough has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated June 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 16, Peel Drive, Loughborough, we estimate a market value of £103,984 and a rental value of £653 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £92,100 and £578 per month respectively.
Recent Market Change
Over the last year, 16, Peel Drive, Loughborough has seen its estimated sale value decrease by £379 (0.4%) and its estimated rental value grow by £7 per month (1.2%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
16, Peel Drive, Loughborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 16, Peel Drive, Loughborough completed on 26th May 2023 at £105,000 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 28.1% over the period since May 2023.
- Sold May 2023£105,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 16, Peel Drive, Loughborough have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th January 2023, was 49, Rutland Street, Loughborough, LE11 1BW, a leasehold flat which sold for £80,000.
Read more about house prices in LE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 83 addresses on Peel Drive, Loughborough, LE11, 16, Peel Drive, Loughborough comes out as the 15th largest and the 7th most expensive in our analysis of the public data.
It is also £147k less expensive than the average property across the LE11 district.
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Schools Nearby
- 200mCobden Primary School & Community Centre
- 700mRendell Primary School
- 1.1kmSaint Mary's Catholic Primary School, Loughborough
- 700mLimehurst Academy
- 2.6kmDe Lisle College Loughborough Leicestershire
- 2.8kmCharnwood College
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Public Transport Nearby
From 16, Peel Drive, Loughborough, the nearest station is Loughborough, 700 metres away.
- 700mLoughborough
- 4.1kmBarrow-upon-Soar
- 7.5kmSileby
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.
