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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Flat 2, 8, The Drive, Leicester is described in the public record as a period apartment with 409 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of Flat 2, 8, The Drive, Leicester is £143,279 and its rental estimate is £729 per month, given the available information and assuming reasonable condition.
8, The Drive is a residential building on The Drive, Countesthorpe, Leicester, LE8 and falls within the LE8 postal district and the borough of Blaby.
Flat 2, 8, The Drive, Leicester has no records in the the Land Registry and a single entry in the EPC database dated May 2017.
We combine this information with public data 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.
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 Flat 2, 8, The Drive, Leicester, we estimate a market value of £150,443 and a rental value of £766 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £133,249 and £678 per month respectively.
Over the last year, Flat 2, 8, The Drive, Leicester has seen its estimated sale value move up by £845 (0.6%) and its estimated rental value increase by £25 per month (3.4%). This results in an estimated gross rental yield of 6.1%.
Flat 2, 8, The Drive, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 May 2017.
The property is not connected to mains gas and has full secondary glazing. It is heated using Electric storage heaters.
Over the past 2 years 3 properties have sold within 1.1 kilometres of Flat 2, 8, The Drive, Leicester, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd October 2023, was Flat 1, 8, The Drive, Leicester, LE8 5PB, a leasehold flat which sold for £475,000.
Read more about house prices in LE8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 21 addresses on The Drive, Countesthorpe, Leicester, LE8, Flat 2, 8, The Drive, Leicester comes out as the 19th largest and the 17th most expensive in our analysis of the public data.
It is also £186k less expensive than the average property across the LE8 district.
From Flat 2, 8, The Drive, Leicester, the nearest station is Narborough, 3.4 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 8, The Drive, Leicester, 46.6% of property is privately owned outright and 42.9% is privately owned with a mortgage.
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 Flat 2, 8, The Drive, Leicester, 19.9% of residents are recorded as possessing school level qualifications and 37.5% 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 Flat 2, 8, The Drive, Leicester, the average age was 43.2 and the most common age was 52.
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 Flat 2, 8, The Drive, Leicester, 2.6% 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 Flat 2, 8, The Drive, Leicester, there are an average of 2.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
