50, Buttermere Close
50, Buttermere Close
Description & Estimates
Public records show 50, Buttermere Close, Melton Mowbray to be a modern leasehold apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
50, Buttermere Close, Melton Mowbray has an estimated sale value of £118,355 and an estimated rental value of £576 per month, assuming reasonable condition and based on the information available.
Buttermere Close, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
Our Data Sources
50, Buttermere Close, Melton Mowbray has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated September 2014.
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.
Price Range & Condition
In very good condition, we estimate 50, Buttermere Close, Melton Mowbray would be worth £124,273, with a potential rental value of £605 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £110,070, with a rental value of £536 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 50, Buttermere Close, Melton Mowbray has risen by £868 (0.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £23 (3.9%). The property's estimated gross yield is currently 5.8%.
Energy Efficiency
50, Buttermere Close, Melton Mowbray has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
50, Buttermere Close, Melton Mowbray last changed hands on 28th November 2022, selling for £122,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 7.7% since November 2022.
- Sold Nov 2022£122,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 710 metres of 50, Buttermere Close, Melton Mowbray across the last 2 years.
Most recently, 24, Buttermere Close, Melton Mowbray, LE13 0LT, a leasehold flat, sold at £113,000 on the 2nd September 2024.
Read more about house prices in LE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 50, Buttermere Close, Melton Mowbray as the 44th largest and the 48th most expensive of the 64 addresses on Buttermere Close, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £120k less expensive than the typical property.
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Schools Nearby
- 500mThe Grove Primary School
- 500mSaint Francis Catholic Primary School
- 1.1kmSwallowdale Primary School and Community Centre
- 300mLong Field Spencer Academy
- 2.2kmJohn Ferneley College
- 13.2kmWreake Valley Academy
More reading links
Public Transport Nearby
Melton Mowbray station is the nearest stop to 50, Buttermere Close, Melton Mowbray at 800 metres away.
- 800mMelton Mowbray
- 14.6kmSyston
- 14.8kmSileby
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
