Flat 2, 40
Flat 2, 40
Description & Estimates
According to the public record, Flat 2, 40, Thorpe Road, Melton Mowbray is a period apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 40, Thorpe Road, Melton Mowbray is £123,586 and the estimated rental value is £518 per month.
The apartment is within 40, Thorpe Road, Melton Mowbray, LE13.
Thorpe Road, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
Our Data Sources
Flat 2, 40, Thorpe Road, Melton Mowbray has no records in the the Land Registry and a single entry in the EPC database dated October 2021.
We combine this information with public data 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
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 Flat 2, 40, Thorpe Road, Melton Mowbray is in very good condition we estimate a sale value of £129,765 and a rental value of £544 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £114,935 and a rental value of £482 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 40, Thorpe Road, Melton Mowbray has grown by £907 (0.7%), while its estimated rental value has climbed by £20 per month (3.9%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Energy Efficiency
Flat 2, 40, Thorpe Road, Melton Mowbray has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 40, Thorpe Road, Melton Mowbray within a radius of 680 metres over the last 2 years.
The most recent example is Flat 4, Saddlers Court, Rosebery Avenue, Melton Mowbray, LE13 1BE, a leasehold flat which sold for £137,000 on the 25th March 2022.
Read more about house prices in LE13.
- Sold Mar 2022£137,000 | 2 Bed FlatSaddlers Court, Rosebery AvenueFlat 4, Saddlers Court, Rosebery Avenue, Melton Mowbray, LE13 1BE
- Sold Sep 2020£147,500 | 2 Bed FlatSaddlers Court, Rosebery AvenueFlat 13, Saddlers Court, Rosebery Avenue, Melton Mowbray, LE13 1BE
- Sold May 2019£127,000 | 2 Bed FlatSaddlers Court, Rosebery AvenueFlat 8, Saddlers Court, Rosebery Avenue, Melton Mowbray, LE13 1BE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Thorpe Road, Melton Mowbray, LE13 has a total of 147 addresses. According to our analysis of all the public data, Flat 2, 40, Thorpe Road, Melton Mowbray is the 132nd largest and the 122nd most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in LE13.
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Schools Nearby
- 300mBrownlow Primary School
- 1.1kmSaint Francis Catholic Primary School
- 1.2kmSherard Primary School
- 1.7kmLong Field Spencer Academy
- 1.7kmJohn Ferneley College
- 14.0kmCatmose College
More reading links
Public Transport Nearby
The closest station to Flat 2, 40, Thorpe Road, Melton Mowbray is Melton Mowbray station, which is 900 metres away.
- 900mMelton Mowbray
- 14.3kmOakham
- 16.0kmSyston
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
