8, Oaks Drive
8, Oaks Drive
Description & Estimates
8, Oaks Drive, Leicester is recorded publicly as a mid-century freehold house across 2,045 ft2 of internal area, sitting on a 656 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 8, Oaks Drive, Leicester is £480,546 and its rental estimate is £1,720 per month, given the available information and assuming reasonable condition.
Oaks Drive, Blaby, Leicester, LE8 falls within the LE8 postal district, in the borough of Blaby.
Our Data Sources
8, Oaks Drive, Leicester has 21 entries in the Land Registry , most recently in April 2020 and a single entry in the EPC database dated February 2020.
We combine this information with that of neighbouring properties to estimate the property 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 8, Oaks Drive, Leicester, we estimate a market value of £504,573 and a rental value of £1,806 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £446,908 and £1,599 per month respectively.
Recent Market Change
Over the last year, 8, Oaks Drive, Leicester has seen its estimated sale value move down by £1,912 (0.4%) and its estimated rental value increase by £43 per month (2.5%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 8, Oaks Drive, Leicester as measuring 656 m2.
That makes it the largest plot in the postcode, where all 4 other houses have recorded plot data.
Energy Efficiency
8, Oaks Drive, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Feb 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, Oaks Drive, Leicester completed on 17th April 2020 at £400,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 11.9% over the period since April 2020.
- Sold Apr 2020£400,000
- Sold Nov 2001£136,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Oaks Drive, Leicester have sold within a radius of 870 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th March 2015, was 4, Winchester Road, Leicester, LE8 4HJ, a freehold house which sold for £242,000.
Read more about house prices in LE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 4 addresses on Oaks Drive, Blaby, Leicester, LE8, 8, Oaks Drive, Leicester comes out as the largest and the most expensive in our analysis of the public data.
It is also £151k more expensive than the average property across the LE8 district.
More reading links
Schools Nearby
- 300mBlaby Thistly Meadow Primary School
- 1.0kmBlaby Stokes Church of England Primary School
- 1.5kmSt Peter's Church of England Primary School Whetstone
- 1.4kmCountesthorpe Academy
- 1.7kmSouth Wigston High School
- 2.9kmWigston College
More reading links
Public Transport Nearby
From 8, Oaks Drive, Leicester, the nearest station is South Wigston, 2.1 kilometres away.
- 2.1kmSouth Wigston
- 3.2kmNarborough
- 7.3kmLeicester
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
