Flat 3, Gorse Covert Centre
Flat 3, Gorse Covert Centre
Description & Estimates
The public record describes Flat 3, Gorse Covert Centre, Loughborough as a mid-century apartment with 592 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 3, Gorse Covert Centre, Loughborough has an estimated sale value of £131,769 and an estimated rental value of £740 per month, assuming reasonable condition and based on the information available.
The apartment sits within Gorse Covert Centre, Maxwell Drive, Loughborough, LE11.
Maxwell Drive, Loughborough, LE11 lies in the borough of Charnwood, within the LE11 postal district.
Our Data Sources
Flat 3, Gorse Covert Centre, Loughborough has no records in the the Land Registry and a single entry in the EPC database dated September 2022.
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
In very good condition, we estimate Flat 3, Gorse Covert Centre, Loughborough would be worth £138,357, with a potential rental value of £777 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £122,545, with a rental value of £688 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 Flat 3, Gorse Covert Centre, Loughborough has fallen by £504 (0.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £9 (1.2%). The property's estimated gross yield is currently 6.7%.
Energy Efficiency
Flat 3, Gorse Covert Centre, Loughborough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 560 metres of Flat 3, Gorse Covert Centre, Loughborough across the last 2 years.
Most recently, 6, Windsor Road, Loughborough, LE11 4LL, a leasehold flat, sold at £94,500 on the 24th May 2019.
Read more about house prices in LE11.
•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 Flat 3, Gorse Covert Centre, Loughborough as the 70th largest and the 69th most expensive of the 72 addresses on Maxwell Drive, Loughborough, LE11.
Against the LE11 postcode district average, it is £114k less expensive than the typical property.
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Schools Nearby
- 700mRobert Bakewell Primary School
- 800mStonebow Primary School Loughborough
- 800mThorpe Acre Junior School
- 900mCharnwood College
- 1.0kmDe Lisle College Loughborough Leicestershire
- 2.2kmLimehurst Academy
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Public Transport Nearby
Loughborough station is the nearest stop to Flat 3, Gorse Covert Centre, Loughborough at 3.0 kilometres away.
- 3.0kmLoughborough
- 6.9kmBarrow-upon-Soar
- 9.6kmEast Midlands Parkway
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 medium risk of flooding.
