12, Melbourne Drive
12, Melbourne Drive
Description & Estimates
According to the public record, 12, Melbourne Drive, Melton Mowbray is an early-century freehold house with 893 ft2 of internal area and sits on a 437 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, Melbourne Drive, Melton Mowbray is £251,126 and the estimated rental value is £1,005 per month.
Melbourne Drive, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
Our Data Sources
12, Melbourne Drive, Melton Mowbray has 41 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated July 2020.
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 12, Melbourne Drive, Melton Mowbray is in very good condition we estimate a sale value of £263,682 and a rental value of £1,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,547 and a rental value of £935 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 12, Melbourne Drive, Melton Mowbray has moved down by £4,564 (1.8%), while its estimated rental value has increased by £13 per month (1.3%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Plot Size
According to data from HM Land Registry, 12, Melbourne Drive, Melton Mowbray sits on a plot of 437 m2.
We have plot size data on 12 out of 14 other houses in the postcode and 12, Melbourne Drive, Melton Mowbray sits on the 8th largest plot.
Energy Efficiency
12, Melbourne Drive, Melton Mowbray has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jul 2020.
The property is 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, Melbourne Drive, Melton Mowbray was last sold on 27th September 2022 for £276,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since September 2022, the market for similar properties has dropped by 1.9%.
- Sold Sep 2022£276,000
- Sold Oct 2020£200,000
- Sold Jul 2014£152,000
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, Melbourne Drive, Melton Mowbray within a radius of 860 metres over the last 2 years.
The most recent example is 34, Dorothy Avenue, Melton Mowbray, LE13 0LB, a freehold house which sold for £240,000 on the 24th February 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
Melbourne Drive, Melton Mowbray, LE13 has a total of 14 addresses. According to our analysis of all the public data, 12, Melbourne Drive, Melton Mowbray is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £13k more expensive than the average property in LE13.
More reading links
Schools Nearby
- 500mThe Grove Primary School
- 1.1kmSaint Francis Catholic Primary School
- 1.5kmAsfordby Hill Primary School
- 600mLong Field Spencer Academy
- 2.0kmJohn Ferneley College
- 13.1kmWreake Valley Academy
More reading links
Public Transport Nearby
The closest station to 12, Melbourne Drive, Melton Mowbray is Melton Mowbray station, which is 1.3 kilometres away.
- 1.3kmMelton Mowbray
- 14.4kmSyston
- 14.4kmSileby
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
