8, Chestnut Drive
8, Chestnut Drive
Description & Estimates
8, Chestnut Drive, Leicester is recorded publicly as a modern freehold house across 2,098 ft2 of internal area, sitting on a 510 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 8, Chestnut Drive, Leicester is £847,819 and its rental estimate is £2,440 per month, given the available information and assuming reasonable condition.
Chestnut Drive, Stretton Hall, Oadby, Leicester, LE2 falls within the LE2 postal district, in the borough of Harborough.
Our Data Sources
8, Chestnut Drive, Leicester has 31 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 8, Chestnut Drive, Leicester, we estimate a market value of £890,210 and a rental value of £2,562 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £788,472 and £2,270 per month respectively.
Recent Market Change
Over the last year, 8, Chestnut Drive, Leicester has seen its estimated sale value drop by £5,760 (0.7%) and its estimated rental value rise by £67 per month (2.7%). This results in an estimated gross rental yield of 3.5%.
Plot Size
HM Land Registry records the plot of land for 8, Chestnut Drive, Leicester as measuring 510 m2.
That makes it the 56th largest plot in the postcode, where 61 of the 64 other houses have recorded plot data.
Energy Efficiency
8, Chestnut Drive, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Aug 2020.
The property is 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 8, Chestnut Drive, Leicester completed on 20th August 2024 at £765,000 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 45.4% over the period since August 2024.
- Sold Aug 2024£765,000
- Sold Nov 2020£630,000
- Sold Aug 2000£240,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Chestnut Drive, Leicester have sold within a radius of 1.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th July 2024, was 59, Chestnut Drive, Leicester, LE2 4QX, a freehold house which sold for £909,000.
Read more about house prices in LE2.
- Sold Jul 2024£909,000 | 5 Bed House59, Chestnut Drive, Leicester, LE2 4QX59, Chestnut Drive, Leicester, LE2 4QX
- Sold Jun 2021£805,000 | 5 Bed House19, Chestnut Drive, Leicester, LE2 4QX19, Chestnut Drive, Leicester, LE2 4QX
- Sold Jun 2018£670,100 | 5 Bed House15, Chestnut Drive, Leicester, LE2 4QX15, Chestnut Drive, Leicester, LE2 4QX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 64 addresses on Chestnut Drive, Stretton Hall, Oadby, Leicester, LE2, 8, Chestnut Drive, Leicester comes out as the 49th largest and the 48th most expensive in our analysis of the public data.
It is also £569k more expensive than the average property across the LE2 district.
More reading links
Schools Nearby
- 1.3kmWoodland Grange Primary School
- 1.6kmGreat Glen St Cuthbert's Church of England Primary School
- 2.1kmBrookside Primary School
- 2.0kmManor High School
- 2.3kmBeauchamp College
- 2.4kmGartree High School
More reading links
Public Transport Nearby
From 8, Chestnut Drive, Leicester, the nearest station is South Wigston, 6.5 kilometres away.
- 6.5kmSouth Wigston
- 7.4kmLeicester
- 11.3kmNarborough
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.
