1, Somerset Close
1, Somerset Close
Description & Estimates
Public records show 1, Somerset Close, Melton Mowbray to be a mid-century freehold house with 1,847 ft2 of internal area, sitting on a 632 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
1, Somerset Close, Melton Mowbray has an estimated sale value of £487,603 and an estimated rental value of £1,262 per month, assuming reasonable condition and based on the information available.
Somerset Close, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
Our Data Sources
1, Somerset Close, Melton Mowbray has 21 entries in the Land Registry , most recently in October 2012 and a single entry in the EPC database dated April 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1, Somerset Close, Melton Mowbray would be worth £511,983, with a potential rental value of £1,325 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £453,471, with a rental value of £1,174 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Somerset Close, Melton Mowbray has moved down by £2,517 (0.5%) over the last year. During the same period, its estimated monthly rental value has increased by £36 (2.9%). The property's estimated gross yield is currently 3.1%.
Plot Size
1, Somerset Close, Melton Mowbray occupies a 632 m2 plot as recorded by HM Land Registry.
Of the 19 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
1, Somerset Close, Melton Mowbray has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Apr 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Somerset Close, Melton Mowbray last changed hands on 10th October 2012, selling for £265,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 44.7% since October 2012.
- Sold Oct 2012£265,000
- Sold Dec 1997£117,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 870 metres of 1, Somerset Close, Melton Mowbray across the last 2 years.
Most recently, 9, Norfolk Drive, Melton Mowbray, LE13 0AJ, a freehold house, sold at £420,000 on the 15th September 2023.
Read more about house prices in LE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Somerset Close, Melton Mowbray as the largest and the most expensive of the 19 addresses on Somerset Close, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £249k more expensive than the typical property.
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Schools Nearby
- 700mSwallowdale Primary School and Community Centre
- 900mSherard Primary School
- 1.2kmSaint Francis Catholic Primary School
- 1.8kmLong Field Spencer Academy
- 3.5kmJohn Ferneley College
- 12.9kmCatmose College
More reading links
Public Transport Nearby
Melton Mowbray station is the nearest stop to 1, Somerset Close, Melton Mowbray at 1.2 kilometres away.
- 1.2kmMelton Mowbray
- 13.1kmOakham
- 14.8kmSyston
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
