8, Ridgeway Drive
8, Ridgeway Drive
Description & Estimates
8, Ridgeway Drive, Leicester is recorded publicly as a mid-century freehold house across 1,173 ft2 of internal area, sitting on a 254 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Ridgeway Drive, Leicester is £289,142 and its rental estimate is £1,247 per month, given the available information and assuming reasonable condition.
Ridgeway Drive, Thurmaston, Leicester, LE4 falls within the LE4 postal district, in the borough of Charnwood.
Our Data Sources
8, Ridgeway Drive, Leicester has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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, Ridgeway Drive, Leicester, we estimate a market value of £303,599 and a rental value of £1,309 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £268,902 and £1,160 per month respectively.
Recent Market Change
Over the last year, 8, Ridgeway Drive, Leicester has seen its estimated sale value move down by £5,084 (1.8%) and its estimated rental value increase by £37 per month (2.9%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 8, Ridgeway Drive, Leicester as measuring 254 m2.
That makes it the 2nd largest plot in the postcode, where 22 of the 24 other houses have recorded plot data.
Energy Efficiency
8, Ridgeway Drive, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Jul 2016.
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, Ridgeway Drive, Leicester completed on 31st March 2022 at £240,100 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 8.0% over the period since March 2022.
- Sold Mar 2022£240,100
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Ridgeway Drive, Leicester have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 16, Thorndale Road, Leicester, LE4 8NQ, a freehold house which sold for £305,000.
Read more about house prices in LE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 24 addresses on Ridgeway Drive, Thurmaston, Leicester, LE4, 8, Ridgeway Drive, Leicester comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £37k more expensive than the average property across the LE4 district.
More reading links
Schools Nearby
- 600mChurch Hill Infant School
- 600mChurch Hill Church of England Junior School
- 800mEastfield Primary School
- 1.6kmThe Roundhill Academy
- 2.1kmSoar Valley College
- 2.1kmRushey Mead Academy
More reading links
Public Transport Nearby
From 8, Ridgeway Drive, Leicester, the nearest station is Syston, 2.3 kilometres away.
- 2.3kmSyston
- 5.4kmLeicester
- 6.6kmSileby
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.
