15, Ford Close
15, Ford Close
Description & Estimates
According to the public record, 15, Ford Close, Melton Mowbray is a modern freehold house with 656 ft2 of internal area.
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 15, Ford Close, Melton Mowbray is £207,897 and the estimated rental value is £918 per month.
Ford Close, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
Our Data Sources
15, Ford Close, Melton Mowbray has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated March 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 15, Ford Close, Melton Mowbray is in very good condition we estimate a sale value of £218,291 and a rental value of £963 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £193,344 and a rental value of £853 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 15, Ford Close, Melton Mowbray has dropped by £3,778 (1.8%), while its estimated rental value has risen by £12 per month (1.3%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Energy Efficiency
15, Ford Close, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Mar 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 15, Ford Close, Melton Mowbray was last sold on 30th August 2024 for £215,000 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 17.7%.
- Sold Aug 2024£215,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Ford Close, Melton Mowbray within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 17, Ford Close, Melton Mowbray, LE13 1GD, a freehold house which sold for £205,000 on the 2nd August 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
Ford Close, Melton Mowbray, LE13 has a total of 21 addresses. According to our analysis of all the public data, 15, Ford Close, Melton Mowbray is the 18th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in LE13.
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Schools Nearby
- 1.0kmSt Mary's Church of England Primary School
- 2.0kmBrownlow Primary School
- 2.1kmThe Grove Primary School
- 500mJohn Ferneley College
- 2.8kmLong Field Spencer Academy
- 15.1kmWreake Valley Academy
More reading links
Public Transport Nearby
The closest station to 15, Ford Close, Melton Mowbray is Melton Mowbray station, which is 2.7 kilometres away.
- 2.7kmMelton Mowbray
- 16.0kmSileby
- 16.3kmOakham
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
