Flat 5, Gorse Covert Centre
Flat 5, Gorse Covert Centre
Description & Estimates
Flat 5, Gorse Covert Centre, Loughborough is described in the public record as a mid-century apartment with 592 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 5, Gorse Covert Centre, Loughborough is £131,769 and its rental estimate is £740 per month, given the available information and assuming reasonable condition.
Gorse Covert Centre, Maxwell Drive is a residential building on Maxwell Drive, Loughborough, LE11 and falls within the LE11 postal district and the borough of Charnwood.
Our Data Sources
Flat 5, 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
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, Gorse Covert Centre, Loughborough, we estimate a market value of £138,357 and a rental value of £777 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £122,545 and £688 per month respectively.
Recent Market Change
Over the last year, Flat 5, Gorse Covert Centre, Loughborough has seen its estimated sale value decrease by £504 (0.4%) and its estimated rental value grow by £9 per month (1.2%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
Flat 5, 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 Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 5, Gorse Covert Centre, Loughborough has sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th May 2019, was 6, Windsor Road, Loughborough, LE11 4LL, a leasehold flat which sold for £94,500.
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 72 addresses on Maxwell Drive, Loughborough, LE11, Flat 5, Gorse Covert Centre, Loughborough comes out as the 68th largest and the 67th most expensive in our analysis of the public data.
It is also £114k less expensive than the average property across the LE11 district.
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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
From Flat 5, Gorse Covert Centre, Loughborough, the nearest station is Loughborough, 3.0 kilometres away.
- 3.0kmLoughborough
- 6.9kmBarrow-upon-Soar
- 9.6kmEast Midlands Parkway
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 medium, based on Environment Agency data.
