6, Lancaster Walk
6, Lancaster Walk
Description & Estimates
Public records show 6, Lancaster Walk, Melton Mowbray to be a modern leasehold apartment with 699 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
6, Lancaster Walk, Melton Mowbray has an estimated sale value of £150,567 and an estimated rental value of £646 per month, assuming reasonable condition and based on the information available.
Lancaster Walk, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
Our Data Sources
6, Lancaster Walk, Melton Mowbray has a single entry in the Land Registry from December 2007 and a single entry in the EPC database dated December 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 6, Lancaster Walk, Melton Mowbray would be worth £158,096, with a potential rental value of £679 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £140,028, with a rental value of £601 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 6, Lancaster Walk, Melton Mowbray has climbed by £1,105 (0.7%) over the last year. During the same period, its estimated monthly rental value has risen by £26 (3.9%). The property's estimated gross yield is currently 5.2%.
Energy Efficiency
6, Lancaster Walk, Melton Mowbray has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Dec 2012.
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
6, Lancaster Walk, Melton Mowbray last changed hands on 7th December 2007, selling for £118,750. 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 risen by 13.1% since December 2007.
- Sold Dec 2007£118,750
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 710 metres of 6, Lancaster Walk, Melton Mowbray across the last 2 years.
Most recently, Flat 6, Broome House 13, Halifax Drive, Melton Mowbray, LE13 0GL, a leasehold flat, sold at £122,500 on the 29th September 2021.
Read more about house prices in LE13.
- Sold Sep 2021£122,500 | 2 Bed FlatBroome House 13, Halifax DriveFlat 6, Broome House 13, Halifax Drive, Melton Mowbray, LE13 0GL
- Sold Aug 2021£110,000 | 2 Bed FlatBroome House 13, Halifax DriveFlat 2, Broome House 13, Halifax Drive, Melton Mowbray, LE13 0GL
- Sold Dec 2017£116,500 | 2 Bed FlatBroome House 13, Halifax DriveFlat 4, Broome House 13, Halifax Drive, Melton Mowbray, LE13 0GL
•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 6, Lancaster Walk, Melton Mowbray as the 18th largest and the 18th most expensive of the 33 addresses on Lancaster Walk, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £88k less expensive than the typical property.
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Schools Nearby
- 500mSaint Francis Catholic Primary School
- 600mThe Grove Primary School
- 1.1kmSwallowdale Primary School and Community Centre
- 300mLong Field Spencer Academy
- 2.3kmJohn Ferneley College
- 13.2kmWreake Valley Academy
More reading links
Public Transport Nearby
Melton Mowbray station is the nearest stop to 6, Lancaster Walk, Melton Mowbray at 700 metres away.
- 700mMelton Mowbray
- 14.6kmSyston
- 14.7kmOakham
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
