5, The Drive
5, The Drive
Description & Estimates
5, The Drive, Leicester is recorded publicly as a period freehold house across 3,073 ft2 of internal area, sitting on a 689 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 5, The Drive, Leicester is £761,528 and its rental estimate is £2,192 per month, given the available information and assuming reasonable condition.
The Drive, Countesthorpe, Leicester, LE8 falls within the LE8 postal district, in the borough of Blaby.
Our Data Sources
5, The Drive, Leicester has 3 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated May 2011.
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 5, The Drive, Leicester, we estimate a market value of £799,605 and a rental value of £2,302 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £708,221 and £2,039 per month respectively.
Recent Market Change
Over the last year, 5, The Drive, Leicester has seen its estimated sale value decrease by £3,030 (0.4%) and its estimated rental value grow by £55 per month (2.5%). This results in an estimated gross rental yield of 3.5%.
Plot Size
HM Land Registry records the plot of land for 5, The Drive, Leicester as measuring 689 m2.
That makes it the 10th largest plot in the postcode, where all 8 other houses have recorded plot data.
Energy Efficiency
5, The Drive, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 May 2011.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, The Drive, Leicester completed on 15th March 2021 at £645,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 2.6% over the period since March 2021.
- Sold Mar 2021£645,000
- Sold May 2013£430,000
- Sold Aug 2009£445,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, The Drive, Leicester have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th May 2022, was 2, Meadow Close, Leicester, LE8 5XF, a freehold house which sold for £800,000.
Read more about house prices in LE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 21 addresses on The Drive, Countesthorpe, Leicester, LE8, 5, The Drive, Leicester comes out as the largest and the most expensive in our analysis of the public data.
It is also £432k more expensive than the average property across the LE8 district.
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Schools Nearby
- 1.3kmBadgerbrook Primary School
- 1.4kmGreenfield Primary School
- 1.7kmBlaby Thistly Meadow Primary School
- 200mCountesthorpe Academy
- 3.1kmSouth Wigston High School
- 4.1kmWigston College
More reading links
Public Transport Nearby
From 5, The Drive, Leicester, the nearest station is Narborough, 3.4 kilometres away.
- 3.4kmNarborough
- 3.5kmSouth Wigston
- 8.8kmLeicester
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
