1, Austen Drive
1, Austen Drive
Description & Estimates
According to the public record, 1, Austen Drive, Melton Mowbray is a modern freehold house with 1,054 ft2 of internal area and sits on a 240 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Austen Drive, Melton Mowbray is £288,463 and the estimated rental value is £1,099 per month.
Austen Drive, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
Our Data Sources
1, Austen Drive, Melton Mowbray has 2 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 1, Austen Drive, Melton Mowbray is in very good condition we estimate a sale value of £302,886 and a rental value of £1,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,271 and a rental value of £1,022 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Austen Drive, Melton Mowbray has decreased by £5,243 (1.8%), while its estimated rental value has grown by £14 per month (1.3%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Plot Size
According to data from HM Land Registry, 1, Austen Drive, Melton Mowbray sits on a plot of 240 m2.
We have plot size data on 13 out of 21 other houses in the postcode and 1, Austen Drive, Melton Mowbray sits on the 10th largest plot.
Energy Efficiency
1, Austen Drive, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Oct 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 1, Austen Drive, Melton Mowbray was last sold on 9th June 2022 for £290,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2022, the market for similar properties has dropped by 18.9%.
- Sold Jun 2022£290,000
- Sold Oct 2019£259,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Austen Drive, Melton Mowbray within a radius of 690 metres over the last 2 years.
The most recent example is 26, Shakespeare Gardens, Melton Mowbray, LE13 0RL, a freehold house which sold for £278,000 on the 26th July 2024.
Read more about house prices in LE13.
- Sold Jul 2024£278,000 | 3 Bed House26, Shakespeare Gardens, Melton Mowbray, LE13 0RL26, Shakespeare Gardens, Melton Mowbray, LE13 0RL
- Sold May 2023£312,500 | 3 Bed House48, Dickens Drive, Melton Mowbray, LE13 1HZ48, Dickens Drive, Melton Mowbray, LE13 1HZ
- Sold May 2021£272,500 | 3 Bed House24, Shakespeare Gardens, Melton Mowbray, LE13 0RL24, Shakespeare Gardens, Melton Mowbray, LE13 0RL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Austen Drive, Melton Mowbray, LE13 has a total of 21 addresses. According to our analysis of all the public data, 1, Austen Drive, Melton Mowbray is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £50k more expensive than the average property in LE13.
More reading links
Schools Nearby
- 300mSt Mary's Church of England Primary School
- 1.4kmThe Grove Primary School
- 1.8kmBrownlow Primary School
- 700mJohn Ferneley College
- 2.1kmLong Field Spencer Academy
- 14.3kmWreake Valley Academy
More reading links
Public Transport Nearby
The closest station to 1, Austen Drive, Melton Mowbray is Melton Mowbray station, which is 2.2 kilometres away.
- 2.2kmMelton Mowbray
- 15.3kmSileby
- 15.6kmSyston
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
