8 Main Street, Thorpe Satchville, Melton Mowbray, Melton, Leicestershire, LE14 2DQ

Flat
5
51%
PROPERTY VALUATION
£
Last sold: December 2010
INVESTMENT PERFORMANCE
Investment return: 2007 - 2010
PRICE CHANGE
£255,000
Percentage change: +51%
REFINE VALUATION

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

8 Main Street, Thorpe Satchville is a 5 bedroom flat - it is ranked as the 7th most expensive property* in LE14 2DQ, with a valuation of £755,000.

Since it last sold in December 2010 for £500,000, its value has increased by £255,000.

8 Main Street, Thorpe Satchville, Melton Mowbray, Melton, Leicestershire, LE14 2DQ
8 Main Street, Melton Mowbray (1 of 12 - keep reading for more)
  • The latest sale in LE14 2DQ went for £270k on 28 Apr 2023.
  • 13 properties have sold in LE14 2DQ over the last 5 years.
  • 34 properties have sold at an average price of £392,000 in LE14 2 over the last 12 months.

Get an updated valuation by simply telling us about any renovations made.

If we valued this property using the average cost per square foot (CPSF):

  • Using the average CPSF for properties just in the postcode - it would be worth £450k.
  • Using the average CPSF for the whole road - it would be worth £444k.

This assumes that the property has an internal floor area of 1,829 square feet.

For it to sell for this amount, we would expect it to be in a similar state decoratively to the average property here and also have a similar sized plot of land.

The local market - Main Street, LE14 2DQ

  • The average property value here is £513,000.
    • Valuations range from £131,000 to £1,100,000.
  • Main Street has 3 postcodes associated with it.
    • The average price of property in Main Street is £460,090.
    • Property in Main Street typically sells for between £207 and £279 per square foot.
    • Properties in Main Street are currently valued at an average cost per square foot of £243.
51%
This property has increased in price by 51% since it last sold 13 years ago
47%
This property is 47% more expensive than average in Main Street, LE14 2DQ

Sale history

The most paid for a property in Main Street, LE14 2DQ was £880,000 in 2022.

Date Price Change
Today's value* £755,000 51.0%
02 Dec 2010 £500,000 13.0%
19 Sep 2007 £575,000 -

Essential buying details

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £729k and £781k.

  • The property didn't turn out to be a great investment for the previous owner - returning on average -4.3% per annum.

8 Main Street, Thorpe Satchville, Melton Mowbray, Melton, Leicestershire, LE14 2DQ
8 Main Street, Thorpe Satchville, Melton Mowbray, Melton, Leicestershire, LE14 2DQ
8 Main Street, Thorpe Satchville, Melton Mowbray, Melton, Leicestershire, LE14 2DQ
8 Main Street, Thorpe Satchville, Melton Mowbray, Melton, Leicestershire, LE14 2DQ
8 Main Street, Thorpe Satchville, Melton Mowbray, Melton, Leicestershire, LE14 2DQ
8 Main Street, Thorpe Satchville, Melton Mowbray, Melton, Leicestershire, LE14 2DQ
8 Main Street, Thorpe Satchville, Melton Mowbray, Melton, Leicestershire, LE14 2DQ
8 Main Street, Thorpe Satchville, Melton Mowbray, Melton, Leicestershire, LE14 2DQ
8 Main Street, Thorpe Satchville, Melton Mowbray, Melton, Leicestershire, LE14 2DQ
8 Main Street, Thorpe Satchville, Melton Mowbray, Melton, Leicestershire, LE14 2DQ
8 Main Street, Thorpe Satchville, Melton Mowbray, Melton, Leicestershire, LE14 2DQ
8 Main Street, Thorpe Satchville, Melton Mowbray, Melton, Leicestershire, LE14 2DQ
OFFERS EXPECTED TO BE IN THE REGION OF:
£729k - £781k

Most likely sale price: £755k

Tell us about any home improvements to get a more accurate valuation.

Valuation details

The most likely sale price is £755,000 but at the lower end we think it should fetch a minimum of £729,000.

This property has increased in price by £255,000 since it last sold in 2010 - this equates to a 3.1% rise each year.

Essential info

  • 5 bedroom freehold flat

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £868,000.

Investment Performance
Annual change: -4.3%

The previous owner had the property for 3 years, having purchased it in September 2007 for £575,000. They then sold it in December 2010 for £500,000

During this time, the price fell by £75,000 (-13%), which equates to it falling in value by -4.3% each year.

The property didn't turn out to be a great investment for the previous owner.

PropertyValuation
28 Main Street, Thorpe Satchville
926 sq.ft.
£131,000
30 Main Street, Thorpe Satchville, Melton Mowbray, Melton, Leicestershire, LE14 2DQ 30 Main Street, Thorpe Satchville
3 bed | 1033 sq. ft.
£253,000
18 Main Street, Thorpe Satchville
1195 sq.ft.
£268,000
The Fox Inn, Main Street
£321,000
The Pinfold, 66, Main Street, Thorpe Satchville, Melton Mowbray, Melton, Leicestershire, LE14 2DQ The Pinfold, 66, Main Street
7 bed
£874,000

The property market across LE14 2

  • Properties have been selling for £278 per square foot across LE14 2.
What does it cost to live in this area?
Recent sales in the surrounding roads
Searching for recent sales near here

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings

* Excluding properties that we've been unable to calculate a valuation for.

** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 29/02/2024 - this was released on the 28/03/2024.