According to the public record, Flat 4, Saddlers Court, Melton Mowbray is a modern leasehold apartment and with 452 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Saddlers Court, Rosebery Avenue, Melton Mowbray, LE13.
Rosebery Avenue, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
Flat 4, Saddlers Court, Melton Mowbray has 5 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated July 2012.
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 reasonable condition, we estimate the current sale value for Flat 4 Saddlers Court Melton Mowbray as £138,346 and the rental value as £533 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 4 Saddlers Court Melton Mowbray has increased by £2,199 (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 Flat 4, Saddlers Court, Melton Mowbray is in very good condition we estimate a sale value of £145,263 and rental value of £560 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £128,662 and a rental value of £496 per month.
If you were able to purchase this property for the estimated value of £138,346, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £680 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, Flat 4, Saddlers Court, Melton Mowbray was last sold on 25 Mar 2022 for £137,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Mar 2022, the market for similar properties has risen 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Saddlers Court, Melton Mowbray within a radius of 607m over the last 2 years.
The most recent example is Flat 7, Wyndham Lodge, Kennelmore Road, Melton Mowbray, LE13 0RU, a Leasehold flat which sold for £140,000 in Jun 2022.
Read more about house prices in LE13.
Rosebery Avenue, Melton Mowbray, LE13 has a total of 89 addresses. According to our analysis of all the public data, Flat 4, Saddlers Court, Melton Mowbray is the 89th largest and the 85th most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in LE13.
Flat 4, Saddlers Court, Melton Mowbray has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jul 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 4, Saddlers Court, Melton Mowbray is Melton Mowbray station which is 500 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 Flat 4, Saddlers Court, Melton Mowbray, 46.5% of property is privately rented and 23.9% is privately owned outright.
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 Flat 4, Saddlers Court, Melton Mowbray, 17.2% of residents are recorded as possessing school level qualifications and 24.1% 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 Flat 4, Saddlers Court, 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 Flat 4, Saddlers Court, Melton Mowbray, 0.0% 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 Flat 4, Saddlers Court, Melton Mowbray, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.