Flat 5, 63
Flat 5, 63
Description & Estimates
Flat 5, 63, Forest Road, Loughborough is described in the public record as a modern apartment with 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 5, 63, Forest Road, Loughborough is £105,289 and its rental estimate is £549 per month, given the available information and assuming reasonable condition.
63, Forest Road is a residential building on Forest Road, Loughborough, LE11 and falls within the LE11 postal district and the borough of Charnwood.
Our Data Sources
Flat 5, 63, Forest Road, Loughborough has no records in the the Land Registry and a single entry in the EPC database dated February 2019.
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 5, 63, Forest Road, Loughborough, we estimate a market value of £110,553 and a rental value of £576 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £97,919 and £510 per month respectively.
Recent Market Change
Over the last year, Flat 5, 63, Forest Road, Loughborough has seen its estimated sale value fall by £403 (0.4%) and its estimated rental value move up by £6 per month (1.2%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 5, 63, Forest Road, Loughborough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Feb 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, 63, Forest Road, Loughborough have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th October 2023, was 41, Park Road, Loughborough, LE11 2ED, a leasehold flat which sold for £280,000.
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
Of the 389 addresses on Forest Road, Loughborough, LE11, Flat 5, 63, Forest Road, Loughborough comes out as the 360th largest and the 373rd most expensive in our analysis of the public data.
It is also £141k less expensive than the average property across the LE11 district.
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Schools Nearby
- 400mLoughborough Church of England Primary School
- 500mMountfields Lodge School
- 600mSacred Heart Catholic Voluntary Academy
- 1.1kmLimehurst Academy
- 1.7kmDe Lisle College Loughborough Leicestershire
- 1.9kmCharnwood College
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Public Transport Nearby
From Flat 5, 63, Forest Road, Loughborough, the nearest station is Loughborough, 1.8 kilometres away.
- 1.8kmLoughborough
- 4.6kmBarrow-upon-Soar
- 8.0kmSileby
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
