According to the public record, 17, Abbots Drive, Leicester is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,474 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Abbots Drive, Oadby, Leicester, LE2 is located in the borough of Oadby and Wigston within the LE2 postal district.
17, Abbots Drive, Leicester has a single entry in the Land Registry database from January 2023 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.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 17 Abbots Drive Leicester as £408,039 and the rental value as £1,254 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 17 Abbots Drive Leicester has increased by £1,541 (0.4%) and its rental value has increased by £35 per month (2.8%).
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 17, Abbots Drive, Leicester is in very good condition we estimate a sale value of £428,441 and rental value of £1,317 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,477 and a rental value of £1,166 per month.
If you were able to purchase this property for the estimated value of £408,039, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,005 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 17, Abbots Drive, Leicester was last sold on 20 Jan 2023 for £266,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2023, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Abbots Drive, Leicester within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 19, Abbots Drive, Leicester, LE2 2GL, a Freehold house which sold for £261,900 in Jan 2023.
Read more about house prices in LE2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abbots Drive, Oadby, Leicester, LE2 has a total of 21 addresses. According to our analysis of all the public data, 17, Abbots Drive, Leicester is the 5th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £131k more expensive than the average property in LE2.
The closest station to 17, Abbots Drive, Leicester is Leicester station which is 4.2 kilometres away.
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 17, Abbots Drive, Leicester, 55.0% of property is privately owned outright and 35.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 17, Abbots Drive, Leicester, 23.7% of residents are recorded as possessing school level qualifications and 46.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 17, Abbots Drive, Leicester, the average age was 41 and the most common age was 57.
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 17, Abbots Drive, Leicester, 0.5% 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 17, Abbots Drive, Leicester, there are an average of 2.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.