3 Parish Mews, Sparrow Hill
3 Parish Mews, Sparrow Hill
Description & Estimates
3 Parish Mews, Sparrow Hill, Loughborough is recorded publicly as a period Leasehold apartment across 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 3 Parish Mews, Sparrow Hill, Loughborough is £177,758 and its rental estimate is £855 per month, given the available information and assuming reasonable condition.
3, Sparrow Hill is a residential building on Sparrow Hill, Loughborough, LE11 and falls within the LE11 postal district and the borough of Charnwood.
Our Data Sources
3 Parish Mews, Sparrow Hill, Loughborough has a single entry in the Land Registry from October 2016 and a single entry in the EPC database dated August 2016.
We combine this information with that 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 Parish Mews, Sparrow Hill, Loughborough, we estimate a market value of £186,646 and a rental value of £897 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £165,315 and £795 per month respectively.
Recent Market Change
Over the last year, 3 Parish Mews, Sparrow Hill, Loughborough has seen its estimated sale value decrease by £680 (0.4%) and its estimated rental value grow by £10 per month (1.2%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
3 Parish Mews, Sparrow Hill, Loughborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3 Parish Mews, Sparrow Hill, Loughborough completed on 21st October 2016 at £148,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 8.7% over the period since October 2016.
- Sold Oct 2016£148,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3 Parish Mews, Sparrow Hill, Loughborough have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2024, was 3, Manor Gardens Close, Loughborough, LE11 1DL, a leasehold flat which sold for £149,950.
Read more about house prices in LE11.
- Sold Jun 2024£149,950 | 2 Bed FlatManor Gardens Close3, Manor Gardens Close, Loughborough, LE11 1DL
- Sold Dec 2022£140,000 | 2 Bed FlatManor Gardens Close14, Manor Gardens Close, Loughborough, LE11 1DL
- Sold Aug 2022£140,000 | 2 Bed FlatManor Gardens Close31, Manor Gardens Close, Loughborough, LE11 1DL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 35 addresses on Sparrow Hill, Loughborough, LE11, 3 Parish Mews, Sparrow Hill, Loughborough comes out as the 12th largest and the 6th most expensive in our analysis of the public data.
It is also £68k less expensive than the average property across the LE11 district.
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Schools Nearby
- 300mCobden Primary School & Community Centre
- 400mRendell Primary School
- 800mSaint Mary's Catholic Primary School, Loughborough
- 400mLimehurst Academy
- 2.3kmDe Lisle College Loughborough Leicestershire
- 2.5kmCharnwood College
More reading links
Public Transport Nearby
From 3 Parish Mews, Sparrow Hill, Loughborough, the nearest station is Loughborough, 700 metres away.
- 700mLoughborough
- 4.5kmBarrow-upon-Soar
- 7.9kmSileby
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
