According to the public record, Richmond Cottage, The Driveway, Leicester is a period freehold house with 1,087 ft2 of internal area and sits on a 734 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Dalby Avenue, Bushby, Leicester, LE7 is located in the borough of Harborough within the LE7 postal district.
Richmond Cottage, The Driveway, Leicester has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Richmond Cottage The Driveway Leicester as £376,951 and the rental value as £1,403 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of Richmond Cottage The Driveway Leicester has increased by £4,346 (1.2%) and its rental value has increased by £73 per month (5.2%).
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 Richmond Cottage, The Driveway, Leicester is in very good condition we estimate a sale value of £395,799 and rental value of £1,474 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £350,564 and a rental value of £1,305 per month.
If you were able to purchase this property for the estimated value of £376,951, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,853 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 data from HM Land Registry, Richmond Cottage, The Driveway, Leicester sits on a plot of 734m2.
We have plot size data on 21 out of 28 other houses in the postcode and Richmond Cottage, The Driveway, Leicester sits on the 15th largest plot.
According to HM Land Registry, Richmond Cottage, The Driveway, Leicester was last sold on 25 Nov 2022 for £319,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Richmond Cottage, The Driveway, Leicester within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 20, Pulteney Drive, Leicester, LE7 9JG, a Freehold house which sold for £378,950 in Apr 2024.
Read more about house prices in LE7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dalby Avenue, Bushby, Leicester, LE7 has a total of 60 addresses. According to our analysis of all the public data, Richmond Cottage, The Driveway, Leicester is the 53rd largest and the 57th most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in LE7.
Richmond Cottage, The Driveway, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 May 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Richmond Cottage, The Driveway, Leicester is Leicester station which is 6.0 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 Richmond Cottage, The Driveway, Leicester, 47.6% of property is privately owned outright and 41.9% 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 Richmond Cottage, The Driveway, Leicester, 15.0% of residents are recorded as possessing school level qualifications and 47.0% 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 Richmond Cottage, The Driveway, Leicester, the average age was 42.8 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 Richmond Cottage, The Driveway, Leicester, 0.7% 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 Richmond Cottage, The Driveway, 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.