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Iris Place is a residential street with 6 addresses.
It ranks as the 30th largest and 445th most expensive of the 455 streets in the LE13 area. The dominant property type is a modern house built after 1980.
The street contains a total of 6 properties: 6 houses.
Iris Place is a residential street with 6 addresses.
It ranks as the 30th largest and 445th most expensive of the 455 streets in the LE13 area. The dominant property type is a modern house built after 1980.
The street contains a total of 6 properties: 6 houses.
Sale prices range from £353,124 for 3 bedroom freehold houses with a garden (968 ft2) to £528,023 for 5 bedroom freehold houses with a garden (1,851 ft2) .
Monthly rental prices range from £1,043 pcm for 3 bed houses to £1,364 pcm for 5 bed houses.
The gross rental yield is between 3.0% and 3.5%.
The average value per square foot is £287.
The last sale on Iris Place sold for £420,000 on 1st September 2023. Since then prices are down an average of 1.1%.
The current average value in the street is £477,458.
The Iris Place Sales Market has increased by 34.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.4% | £477,458 |
| May 2025 | 0.2% | £479,231 |
| May 2024 | -1.5% | £478,409 |
| May 2023 | 1% | £485,614 |
| May 2022 | 10.4% | £480,869 |
| May 2021 | 9.1% | £435,415 |
| May 2020 | 0.1% | £399,198 |
| May 2019 | 0.7% | £398,980 |
| May 2018 | 6% | £396,173 |
| May 2017 | 5.3% | £373,829 |
| May 2016 | 6.2% | £354,849 |
| May 2015 | 5.3% | £334,257 |
| May 2014 | 6.4% | £317,466 |
| May 2013 | 1.1% | £298,358 |
| May 2012 | 1.3% | £295,239 |
| May 2011 | 0% | £291,336 |
| May 2010 | 5% | £291,450 |
| May 2009 | -10.3% | £277,541 |
| May 2008 | 0.4% | £309,245 |
| May 2007 | 0% | £308,073 |
The current average rental value in the street is £1,250.
The Iris Place Rental Market has increased by 57.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.9% | £1,250pcm |
| May 2025 | 7.1% | £1,216pcm |
| May 2024 | 7.1% | £1,135pcm |
| May 2023 | 5.2% | £1,059pcm |
| May 2022 | 9.5% | £1,007pcm |
| May 2021 | 5.9% | £920pcm |
| May 2020 | 0.2% | £869pcm |
| May 2019 | 3.7% | £867pcm |
| May 2018 | 3.5% | £836pcm |
| May 2017 | 1.5% | £808pcm |
| May 2016 | 3.1% | £796pcm |
| May 2015 | 1.7% | £772pcm |
| May 2014 | 3.2% | £759pcm |
| May 2013 | 3.6% | £735pcm |
| May 2012 | 0% | £710pcm |
| May 2011 | 1.6% | £710pcm |
| May 2010 | 4.2% | £699pcm |
| May 2009 | -0.8% | £670pcm |
| May 2008 | 0% | £675pcm |
| May 2007 | 0% | £676pcm |
The last sale was on 1st September 2023 for £420,000 and since then the market in the area has decreased by 1.1%. The street has had a total of 9 sales since 1995.
Iris Place, Melton Mowbray, LE13 has seen 1 sale in the last three years and no sales in the last twelve months.
Iris Place, Melton Mowbray, LE13 is the 30th largest and the 445th most expensive street in the LE13 area.
There is 1 postcode on Iris Place, Melton Mowbray, LE13.
The closest station to Iris Place, Melton Mowbray, LE13 is Melton Mowbray station which is 300 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Iris Place, Melton Mowbray, LE13, 43.8% of property is privately owned with a mortgage and 41.0% is privately owned outright.
The graph below shows how this compares to East Midlands 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 Iris Place, Melton Mowbray, LE13, 21.8% of residents are recorded as possessing school level qualifications and 40.6% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Iris Place, Melton Mowbray, LE13, 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 Iris Place, Melton Mowbray, LE13, 2.3% 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 Iris Place, Melton Mowbray, LE13, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.