12, Derwent Drive
12, Derwent Drive
Description & Estimates
According to the public record, 12, Derwent Drive, Melton Mowbray is a mid-century freehold house with 1,033 ft2 of internal area and sits on a 463 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 12, Derwent Drive, Melton Mowbray is £278,886 and the estimated rental value is £1,074 per month.
Derwent Drive, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
Our Data Sources
12, Derwent Drive, Melton Mowbray has 2 entries in the Land Registry , most recently in February 2018 and a single entry in the EPC database dated March 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 12, Derwent Drive, Melton Mowbray is in very good condition we estimate a sale value of £292,831 and a rental value of £1,128 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,364 and a rental value of £999 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 12, Derwent Drive, Melton Mowbray has moved down by £5,069 (1.8%), while its estimated rental value has increased 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, 12, Derwent Drive, Melton Mowbray sits on a plot of 463 m2.
We have plot size data on 19 out of 21 other houses in the postcode and 12, Derwent Drive, Melton Mowbray sits on the largest plot.
Energy Efficiency
12, Derwent Drive, Melton Mowbray has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 12, Derwent Drive, Melton Mowbray was last sold on 26th February 2018 for £260,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2018, the market for similar properties has risen by 0.8%.
- Sold Feb 2018£260,000
- Sold Apr 2013£170,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Derwent Drive, Melton Mowbray within a radius of 580 metres over the last 2 years.
The most recent example is 4, Derwent Drive, Melton Mowbray, LE13 0BS, a freehold house which sold for £267,000 on the 5th July 2024.
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
Derwent Drive, Melton Mowbray, LE13 has a total of 21 addresses. According to our analysis of all the public data, 12, Derwent Drive, Melton Mowbray is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in LE13.
More reading links
Schools Nearby
- 400mSaint Francis Catholic Primary School
- 500mSwallowdale Primary School and Community Centre
- 1.1kmSherard Primary School
- 800mLong Field Spencer Academy
- 2.7kmJohn Ferneley College
- 13.3kmWreake Valley Academy
More reading links
Public Transport Nearby
The closest station to 12, Derwent Drive, Melton Mowbray is Melton Mowbray station, which is 600 metres away.
- 600mMelton Mowbray
- 14.1kmOakham
- 14.6kmSyston
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
