3, Melrose Road
3, Melrose Road
Description & Estimates
3, Melrose Road, Coalville is described in the public record as a mid-century apartment with 452 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 3, Melrose Road, Coalville is £86,973 and its rental estimate is £438 per month, given the available information and assuming reasonable condition.
Melrose Road, Thringstone, Coalville, LE67 falls within the LE67 postal district, in the borough of North West Leicestershire.
Our Data Sources
3, Melrose Road, Coalville has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
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.
Price Range & Condition
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 3, Melrose Road, Coalville, we estimate a market value of £91,322 and a rental value of £460 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £80,885 and £408 per month respectively.
Recent Market Change
Over the last year, 3, Melrose Road, Coalville has seen its estimated sale value drop by £302 (0.3%) and its estimated rental value rise by £12 per month (2.7%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
3, Melrose Road, Coalville has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 1.2 kilometres of 3, Melrose Road, Coalville, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd September 2021, was 86, Loughborough Road, Coalville, LE67 8LP, a freehold house which sold for £168,000.
Read more about house prices in LE67.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 113 addresses on Melrose Road, Thringstone, Coalville, LE67, 3, Melrose Road, Coalville comes out as the 113th largest and the 110th most expensive in our analysis of the public data.
It is also £172k less expensive than the average property across the LE67 district.
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Schools Nearby
- 500mThringstone Primary School
- 1.0kmWhitwick St John The Baptist Church of England Primary School
- 1.3kmHoly Cross School A Catholic Voluntary Academy
- 3.9kmThe Castle Rock School
- 4.0kmThe Newbridge School
- 6.0kmIveshead School
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Public Transport Nearby
From 3, Melrose Road, Coalville, the nearest station is Loughborough, 11.8 kilometres away.
- 11.8kmLoughborough
- 14.1kmEast Midlands Parkway
- 14.5kmBarrow-upon-Soar
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
