8, Reeves Close
8, Reeves Close
Description & Estimates
8, Reeves Close, Leicester is recorded publicly as a modern freehold house across 1,280 ft2 of internal area, sitting on a 479 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Reeves Close, Leicester is £436,672 and its rental estimate is £1,319 per month, given the available information and assuming reasonable condition.
Reeves Close, Whetstone, Leicester, LE8 falls within the LE8 postal district, in the borough of Blaby.
Our Data Sources
8, Reeves Close, Leicester has 31 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated December 2023.
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, Reeves Close, Leicester, we estimate a market value of £458,506 and a rental value of £1,385 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £406,105 and £1,227 per month respectively.
Recent Market Change
Over the last year, 8, Reeves Close, Leicester has seen its estimated sale value decline by £2,740 (0.6%) and its estimated rental value climb by £35 per month (2.6%). This results in an estimated gross rental yield of 3.6%.
Plot Size
HM Land Registry records the plot of land for 8, Reeves Close, Leicester as measuring 479 m2.
That makes it the 5th largest plot in the postcode, where all 14 other houses have recorded plot data.
Energy Efficiency
8, Reeves Close, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Dec 2023.
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, Reeves Close, Leicester completed on 29th November 2024 at £442,000 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 8.6% over the period since November 2024.
- Sold Nov 2024£442,000
- Sold Jan 2015£275,000
- Sold Jan 2001£134,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Reeves Close, Leicester have sold within a radius of 970 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd October 2023, was 1, Reeves Close, Leicester, LE8 6YQ, a freehold house which sold for £460,000.
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 14 addresses on Reeves Close, Whetstone, Leicester, LE8, 8, Reeves Close, Leicester comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £108k more expensive than the average property across the LE8 district.
More reading links
Schools Nearby
- 100mBadgerbrook Primary School
- 1.2kmCosby Primary School
- 1.3kmSt Peter's Church of England Primary School Whetstone
- 1.3kmCountesthorpe Academy
- 3.4kmBrockington College
- 3.4kmSouth Wigston High School
More reading links
Public Transport Nearby
From 8, Reeves Close, Leicester, the nearest station is Narborough, 2.1 kilometres away.
- 2.1kmNarborough
- 3.8kmSouth Wigston
- 8.6kmLeicester
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.
