Flat 4, 1
Flat 4, 1
Description & Estimates
Flat 4, 1, The Crescent, Melton Mowbray is described in the public record as a period apartment with 409 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat 4, 1, The Crescent, Melton Mowbray is £113,669 and its rental estimate is £489 per month, given the available information and assuming reasonable condition.
1, The Crescent is a residential building on The Crescent, Melton Mowbray, LE13 and falls within the LE13 postal district and the borough of Melton.
Our Data Sources
Flat 4, 1, The Crescent, Melton Mowbray has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 4, 1, The Crescent, Melton Mowbray, we estimate a market value of £119,353 and a rental value of £514 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £105,713 and £455 per month respectively.
Recent Market Change
Over the last year, Flat 4, 1, The Crescent, Melton Mowbray has seen its estimated sale value grow by £891 (0.8%) and its estimated rental value climb by £20 per month (4.2%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
Flat 4, 1, The Crescent, Melton Mowbray has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 May 2024.
The property is connected to mains gas and has some double glazing. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 540 metres of Flat 4, 1, The Crescent, Melton Mowbray, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2022, was 34, Nottingham Road, Melton Mowbray, LE13 0NP, a freehold house which sold for £187,500.
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
Of the 49 addresses on The Crescent, Melton Mowbray, LE13, Flat 4, 1, The Crescent, Melton Mowbray comes out as the 46th largest and the 46th most expensive in our analysis of the public data.
It is also £125k less expensive than the average property across the LE13 district.
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Schools Nearby
- 700mThe Grove Primary School
- 1.1kmSt Mary's Church of England Primary School
- 1.1kmBrownlow Primary School
- 1.0kmJohn Ferneley College
- 1.4kmLong Field Spencer Academy
- 14.1kmWreake Valley Academy
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Public Transport Nearby
From Flat 4, 1, The Crescent, Melton Mowbray, the nearest station is Melton Mowbray, 1.3 kilometres away.
- 1.3kmMelton Mowbray
- 15.3kmOakham
- 15.4kmSileby
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
