According to the public record, 43 Tebbutt Lodge, Market Harborough is a modern leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Tebbutt Lodge, Clarence Street, Market Harborough, LE16.
Clarence Street, Market Harborough, LE16 is located in the borough of Harborough within the LE16 postal district.
43 Tebbutt Lodge, Market Harborough has a single entry in the Land Registry database from January 2021 and a single entry in the EPC database dated September 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 43 Tebbutt Lodge Market Harborough as £324,478 and the rental value as £1,466 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 43 Tebbutt Lodge Market Harborough has decreased by £363 (0.1%) and its rental value has increased by £45 per month (3.1%).
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 43 Tebbutt Lodge, Market Harborough is in very good condition we estimate a sale value of £340,702 and rental value of £1,540 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,765 and a rental value of £1,364 per month.
If you were able to purchase this property for the estimated value of £324,478, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,595 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 43 Tebbutt Lodge, Market Harborough was last sold on 29 Jan 2021 for £348,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2021, the market for similar properties has risen 7.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43 Tebbutt Lodge, Market Harborough within a radius of 550 metres over the last 2 years.
The most recent example is 2 Tebbutt Lodge, Clarence Street, Market Harborough, LE16 7QH, a Leasehold flat which sold for £344,450 in Jun 2022.
Read more about house prices in LE16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clarence Street, Market Harborough, LE16 has a total of 78 addresses. According to our analysis of all the public data, 43 Tebbutt Lodge, Market Harborough is the 37th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in LE16.
43 Tebbutt Lodge, Market Harborough has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Sep 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 43 Tebbutt Lodge, Market Harborough is Market Harborough station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 43 Tebbutt Lodge, Market Harborough, 39.2% of property is socially rented and 31.9% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 43 Tebbutt Lodge, Market Harborough, 18.2% of residents are recorded as possessing school level qualifications and 22.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 43 Tebbutt Lodge, Market Harborough, the average age was 43.9 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 43 Tebbutt Lodge, Market Harborough, 0.9% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 43 Tebbutt Lodge, Market Harborough, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.