1, Southwell Close
1, Southwell Close
Description & Estimates
Public records show 1, Southwell Close, Melton Mowbray to be a modern freehold house with 1,270 ft2 of internal area, sitting on a 515 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
1, Southwell Close, Melton Mowbray has an estimated sale value of £271,757 and an estimated rental value of £1,147 per month, assuming reasonable condition and based on the information available.
Southwell Close, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
Our Data Sources
1, Southwell Close, Melton Mowbray has 3 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated May 2024.
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
In very good condition, we estimate 1, Southwell Close, Melton Mowbray would be worth £285,344, with a potential rental value of £1,204 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £252,734, with a rental value of £1,067 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, Southwell Close, Melton Mowbray has decreased by £548 (0.2%) over the last year. During the same period, its estimated monthly rental value has grown by £35 (3.0%). The property's estimated gross yield is currently 5.1%.
Plot Size
1, Southwell Close, Melton Mowbray occupies a 515 m2 plot as recorded by HM Land Registry.
All 15 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
1, Southwell Close, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 May 2024.
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, Southwell Close, Melton Mowbray last changed hands on 23rd August 2024, selling for £262,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 1.5% since August 2024.
- Sold Aug 2024£262,000
- Sold May 2020£245,000
- Sold Mar 2007£209,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 1, Southwell Close, Melton Mowbray across the last 2 years.
Most recently, 22, Boyd Road, Melton Mowbray, LE13 0RH, a freehold house, sold at £274,995 on the 31st August 2022.
Read more about house prices in LE13.
- Sold Aug 2022£274,995 | 4 Bed House22, Boyd Road, Melton Mowbray, LE13 0RH22, Boyd Road, Melton Mowbray, LE13 0RH
- Sold Mar 2022£279,995 | 4 Bed House2, Woolsthorpe Close, Melton Mowbray, LE13 0TQ2, Woolsthorpe Close, Melton Mowbray, LE13 0TQ
- Sold Dec 2021£294,995 | 4 Bed House4, Woolsthorpe Close, Melton Mowbray, LE13 0TQ4, Woolsthorpe Close, Melton Mowbray, LE13 0TQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 1, Southwell Close, Melton Mowbray as the 5th largest and the 7th most expensive of the 15 addresses on Southwell Close, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £34k more expensive than the typical property.
More reading links
Schools Nearby
- 200mSt Mary's Church of England Primary School
- 1.7kmThe Grove Primary School
- 2.3kmBrownlow Primary School
- 1.0kmJohn Ferneley College
- 2.4kmLong Field Spencer Academy
- 14.1kmWreake Valley Academy
More reading links
Public Transport Nearby
Melton Mowbray station is the nearest stop to 1, Southwell Close, Melton Mowbray at 2.6 kilometres away.
- 2.6kmMelton Mowbray
- 15.1kmSileby
- 15.5kmSyston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
