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36 Catherine Place, Pine Gardens, Melton Mowbray is recorded publicly as a modern Leasehold apartment across 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 36 Catherine Place, Pine Gardens, Melton Mowbray is £213,263 and its rental estimate is £780 per month, given the available information and assuming reasonable condition.
Pine Gardens, Melton Mowbray, LE13 falls within the LE13 postal district, in the borough of Melton.
36 Catherine Place, 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 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 36 Catherine Place, Pine Gardens, Melton Mowbray, we estimate a market value of £223,926 and a rental value of £819 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £198,335 and £726 per month respectively.
Over the last year, 36 Catherine Place, Pine Gardens, Melton Mowbray has seen its estimated sale value move up by £1,565 (0.7%) and its estimated rental value increase by £31 per month (3.9%). This results in an estimated gross rental yield of 4.4%.
36 Catherine Place, 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 Room heaters, electric.
The most recent sale of 36 Catherine Place, Pine Gardens, Melton Mowbray completed on 16th September 2021 at £214,950 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 dropped by 2.5% over the period since September 2021.
Over the past 2 years 3 properties have sold within 540 metres of 36 Catherine Place, Pine Gardens, Melton Mowbray, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2022, was 7, Pine Gardens, Melton Mowbray, LE13 1FG, a freehold house which sold for £369,995.
Read more about house prices in LE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 57 addresses on Pine Gardens, Melton Mowbray, LE13, 36 Catherine Place, Pine Gardens, Melton Mowbray comes out as the 46th largest and the 45th most expensive in our analysis of the public data.
It is also £25k less expensive than the average property across the LE13 district.
From 36 Catherine Place, Pine Gardens, Melton Mowbray, the nearest station is Melton Mowbray, 1.4 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 36 Catherine Place, 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 36 Catherine Place, 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 36 Catherine Place, 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 36 Catherine Place, 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 36 Catherine Place, 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.