According to the public record, 73, Rutland Street, Melton Mowbray is a mid-century apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Rutland Street, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
73, Rutland Street, Melton Mowbray has no records in the Land Registry database and a single entry in the EPC database dated February 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 73 Rutland Street Melton Mowbray as £134,955 and the rental value as £518 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 73 Rutland Street Melton Mowbray has increased by £2,145 (1.6%) and its rental value has increased by £18 per month (3.4%).
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 73, Rutland Street, Melton Mowbray is in very good condition we estimate a sale value of £141,702 and rental value of £544 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £125,508 and a rental value of £482 per month.
If you were able to purchase this property for the estimated value of £134,955, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £663 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 73, Rutland Street, Melton Mowbray within a radius of 199m over the last 2 years.
The most recent example is Flat 4, Saddlers Court, Rosebery Avenue, Melton Mowbray, LE13 1BE, a Leasehold flat which sold for £137,000 in Mar 2022.
Read more about house prices in LE13.
Rutland Street, Melton Mowbray, LE13 has a total of 38 addresses. According to our analysis of all the public data, 73, Rutland Street, Melton Mowbray is the 20th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £108k less expensive than the average property in LE13.
73, Rutland Street, Melton Mowbray has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Feb 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 73, Rutland Street, Melton Mowbray is Melton Mowbray station which is 600 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 73, Rutland Street, Melton Mowbray, 82.4% of property is socially rented and 7.6% 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 73, Rutland Street, Melton Mowbray, 2.8% of residents are recorded as possessing school level qualifications and 15.3% 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 73, Rutland Street, Melton Mowbray, the average age was 44.1 and the most common age was 57.
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 73, Rutland Street, Melton Mowbray, 2.7% 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 73, Rutland Street, Melton Mowbray, there are an average of 0.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.