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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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According to the public record, 2, Doctors Lane, Melton Mowbray is a modern leasehold apartment with 538 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 2, Doctors Lane, Melton Mowbray is £109,611 and the estimated rental value is £539 per month.
Doctors Lane, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
2, Doctors Lane, Melton Mowbray has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, Doctors Lane, Melton Mowbray is in very good condition we estimate a sale value of £115,091 and a rental value of £566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £101,938 and a rental value of £501 per month.
Over the past 12 months, the estimated sale value of 2, Doctors Lane, Melton Mowbray has moved up by £804 (0.7%), while its estimated rental value has increased by £21 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 5.9%.
2, Doctors Lane, Melton Mowbray has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Doctors Lane, Melton Mowbray was last sold on 23rd August 2024 for £112,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2024, the market for similar properties has risen by 46.8%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Doctors Lane, Melton Mowbray within a radius of 710 metres over the last 2 years.
The most recent example is 17, Longwill Avenue, Melton Mowbray, LE13 1UR, a leasehold flat which sold for £105,000 on the 19th February 2024.
Read more about house prices in LE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Doctors Lane, Melton Mowbray, LE13 has a total of 62 addresses. According to our analysis of all the public data, 2, Doctors Lane, Melton Mowbray is the 60th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in LE13.
The closest station to 2, Doctors Lane, Melton Mowbray is Melton Mowbray station, which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 2, Doctors Lane, Melton Mowbray, 42.8% of property is privately rented and 30.3% 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 2, Doctors Lane, Melton Mowbray, 17.3% of residents are recorded as possessing school level qualifications and 24.3% 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 2, Doctors Lane, 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 2, Doctors Lane, Melton Mowbray, 0.6% 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 2, Doctors Lane, Melton Mowbray, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
