Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, 1B, Beech Drive, Leicester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 694 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1B, Beech Drive, Leicester is £129,329 and the estimated rental value is £888 per month.
The apartment is within 1, Beech Drive, Leicester, LE3.
Beech Drive, Leicester, LE3 is located in the borough of Blaby within the LE3 postal district.
1B, Beech Drive, Leicester has a single entry in the Land Registry from May 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1B, Beech Drive, Leicester is in very good condition we estimate a sale value of £135,796 and a rental value of £932 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £120,276 and a rental value of £826 per month.
Over the last 12 months the sale value of 1B Beech Drive Leicester has decreased by an estimated £2,880 (2.2%) and its rental value has increased by an estimated £22 per month (2.5%), giving an expected gross yield of 8.2%.
According to HM Land Registry, 1B, Beech Drive, Leicester was last sold on 11th May 2021 for £145,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 30.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 540 metres radius of 1B, Beech Drive, Leicester over the last 2 years.
The most recent example is 5, Beech Drive, Leicester, LE3 3DB, a freehold house which sold for £245,000 on the 25th August 2023.
Read more about house prices in LE3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Beech Drive, Leicester, LE3 has a total of 70 addresses. According to our analysis of all the public data, 1B, Beech Drive, Leicester is the 56th largest and the 67th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in LE3.
The closest station to 1B, Beech Drive, Leicester is Leicester station which is 4.9 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1B, Beech Drive, Leicester, 37.9% of property is privately owned with a mortgage and 34.9% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1B, Beech Drive, Leicester, 19.3% of residents are recorded as possessing school level qualifications and 20.4% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1B, Beech Drive, Leicester, the average age was 37.4 and the most common age was 37.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1B, Beech Drive, Leicester, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1B, Beech Drive, Leicester, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
