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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
According to the public record, 3, Pine Gardens, Melton Mowbray is a modern freehold house with 1,087 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Pine Gardens, Melton Mowbray is £409,776 and the estimated rental value is £1,177 per month.
Pine Gardens, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
3, Pine Gardens, Melton Mowbray has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 3, Pine Gardens, Melton Mowbray is in very good condition we estimate a sale value of £430,264 and a rental value of £1,236 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,091 and a rental value of £1,094 per month.
Over the last 12 months the sale value of 3 Pine Gardens Melton Mowbray has decreased by an estimated £7,447 (1.8%) and its rental value has increased by an estimated £15 per month (1.3%), giving an expected gross yield of 3.4%.
3, Pine Gardens, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Pine Gardens, Melton Mowbray was last sold on 9th September 2021 for £384,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped 11.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Pine Gardens, Melton Mowbray within a radius of 530 metres over the last 2 years.
The most recent example is 4, Pine Gardens, Melton Mowbray, LE13 1FG, a freehold house which sold for £386,950 on the 28th October 2021.
Read more about house prices in LE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pine Gardens, Melton Mowbray, LE13 has a total of 57 addresses. According to our analysis of all the public data, 3, Pine Gardens, Melton Mowbray is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £172k more expensive than the average property in LE13.
The closest station to 3, Pine Gardens, Melton Mowbray is Melton Mowbray station which is 1.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, Pine Gardens, Melton Mowbray, 38.4% of property is privately rented and 37.2% is privately owned outright.
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 3, Pine Gardens, Melton Mowbray, 14.1% of residents are recorded as possessing school level qualifications and 26.8% 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 3, Pine Gardens, 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 3, Pine Gardens, 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 3, Pine Gardens, Melton Mowbray, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
