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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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11, Algernon Road, Melton Mowbray is described in the public record as a period apartment with 395 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 11, Algernon Road, Melton Mowbray is £75,338 and its rental estimate is £390 per month, given the available information and assuming reasonable condition.
Algernon Road, Melton Mowbray, LE13 falls within the LE13 postal district, in the borough of Melton.
11, Algernon Road, Melton Mowbray has no records in the the Land Registry and a single entry in the EPC database dated October 2008.
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 11, Algernon Road, Melton Mowbray, we estimate a market value of £79,105 and a rental value of £410 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £70,064 and £363 per month respectively.
Over the last year, 11, Algernon Road, Melton Mowbray has seen its estimated sale value climb by £590 (0.8%) and its estimated rental value rise by £16 per month (4.2%). This results in an estimated gross rental yield of 6.2%.
11, Algernon Road, Melton Mowbray has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 2008.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Over the past 2 years 3 properties have sold within 620 metres of 11, Algernon Road, Melton Mowbray, per the Land Registry and our network of Estate Agents.
The latest, on the 11th July 2022, was 5, Algernon Road, Melton Mowbray, LE13 1PX, a freehold house which sold for £175,100.
Read more about house prices in LE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 54 addresses on Algernon Road, Melton Mowbray, LE13, 11, Algernon Road, Melton Mowbray comes out as the 52nd largest and the 54th most expensive in our analysis of the public data.
It is also £163k less expensive than the average property across the LE13 district.
From 11, Algernon Road, Melton Mowbray, the nearest station is Melton Mowbray, 900 metres 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 11, Algernon Road, Melton Mowbray, 45.4% of property is socially rented and 30.8% is privately rented.
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 11, Algernon Road, Melton Mowbray, 9.5% of residents are recorded as possessing school level qualifications and 23.0% 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 11, Algernon Road, Melton Mowbray, the average age was 43.5 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 11, Algernon Road, Melton Mowbray, 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 11, Algernon Road, Melton Mowbray, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
