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According to the public record, 41 Catherine Place, Pine Gardens, Melton Mowbray is a modern Leasehold apartment with 979 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 41 Catherine Place, Pine Gardens, Melton Mowbray is £293,100 and the estimated rental value is £1,149 per month.
Pine Gardens, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
41 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.
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 41 Catherine Place, Pine Gardens, Melton Mowbray is in very good condition we estimate a sale value of £307,755 and a rental value of £1,206 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,583 and a rental value of £1,068 per month.
Over the last 12 months the sale value of 41 Catherine Place Pine Gardens Melton Mowbray has increased by an estimated £1,960 (0.7%) and its rental value has increased by an estimated £45 per month (3.9%), giving an expected gross yield of 4.7%.
41 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.
According to HM Land Registry, 41 Catherine Place, Pine Gardens, Melton Mowbray was last sold on 10th September 2021 for £279,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped 44.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 530 metres radius of 41 Catherine Place, Pine Gardens, Melton Mowbray 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, 41 Catherine Place, Pine Gardens, Melton Mowbray is the 5th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in LE13.
The closest station to 41 Catherine Place, Pine Gardens, Melton Mowbray is Melton Mowbray station which is 1.4 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 41 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 41 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 41 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 41 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 41 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.