1, Hedgerow Close
1, Hedgerow Close
Description & Estimates
According to the public record, 1, Hedgerow Close, Melton Mowbray is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,511 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Hedgerow Close, Melton Mowbray is £464,174 and the estimated rental value is £1,940 per month.
Hedgerow Close, Old Dalby, Melton Mowbray, LE14 is located in the borough of Melton within the LE14 postal district.
Our Data Sources
1, Hedgerow Close, Melton Mowbray has a single entry in the Land Registry from August 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, Hedgerow Close, Melton Mowbray is in very good condition we estimate a sale value of £487,383 and a rental value of £2,037 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £431,682 and a rental value of £1,804 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Hedgerow Close, Melton Mowbray has dropped by £7,697 (1.7%), while its estimated rental value has risen by £47 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Sold Prices
According to HM Land Registry, 1, Hedgerow Close, Melton Mowbray was last sold on 1st August 2024 for £630,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2024, the market for similar properties has dropped by 0.7%.
- Sold Aug 2024£630,000
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, Hedgerow Close, Melton Mowbray within a radius of 5.5 kilometres over the last 2 years.
The most recent example is Lawn Farm, Gibsons Lane, Melton Mowbray, LE14 3LH, a freehold house which sold for £460,000 on the 7th June 2024.
Read more about house prices in LE14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Hedgerow Close, Old Dalby, Melton Mowbray, LE14 has a total of 17 addresses. According to our analysis of all the public data, 1, Hedgerow Close, Melton Mowbray is the largest and the most expensive property on the street.
When compared to the postcode district it is £77k more expensive than the average property in LE14.
More reading links
Schools Nearby
- 200mOld Dalby Church of England Primary School
- 4.1kmWilloughby Primary School
- 5.0kmAb Kettleby Primary School
- 8.4kmJohn Ferneley College
- 8.8kmLong Field Spencer Academy
- 9.0kmThe South Wolds Academy & Sixth Form
More reading links
Public Transport Nearby
The closest station to 1, Hedgerow Close, Melton Mowbray is Melton Mowbray station, which is 9.6 kilometres away.
- 9.6kmMelton Mowbray
- 11.4kmSileby
- 11.9kmBarrow-upon-Soar
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
