17, Oak Road
17, Oak Road
Description & Estimates
Public records show 17, Oak Road, Melton Mowbray to be an early-century freehold house with 925 ft2 of internal area, sitting on a 123 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
17, Oak Road, Melton Mowbray has an estimated sale value of £193,907 and an estimated rental value of £936 per month, assuming reasonable condition and based on the information available.
Oak Road, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
Our Data Sources
17, Oak Road, Melton Mowbray has 2 entries in the Land Registry , most recently in September 2017 and a single entry in the EPC database dated January 2023.
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
In very good condition, we estimate 17, Oak Road, Melton Mowbray would be worth £203,602, with a potential rental value of £983 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £180,333, with a rental value of £870 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 17, Oak Road, Melton Mowbray has declined by £3,524 (1.8%) over the last year. During the same period, its estimated monthly rental value has climbed by £12 (1.3%). The property's estimated gross yield is currently 5.8%.
Plot Size
17, Oak Road, Melton Mowbray occupies a 123 m2 plot as recorded by HM Land Registry.
Of the 32 other houses in this postcode, 31 have recorded plot sizes, and this one ranks as the 30th largest.
Energy Efficiency
17, Oak Road, Melton Mowbray has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
17, Oak Road, Melton Mowbray last changed hands on 22nd September 2017, selling for £145,000. 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 31.9% since September 2017.
- Sold Sep 2017£145,000
- Sold May 2015£115,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 670 metres of 17, Oak Road, Melton Mowbray across the last 2 years.
Most recently, 23, Oak Road, Melton Mowbray, LE13 1BD, a freehold house, sold at £115,000 on the 12th April 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
Our analysis of the public data ranks 17, Oak Road, Melton Mowbray as the 10th largest and the 12th most expensive of the 32 addresses on Oak Road, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £44k less expensive than the typical property.
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Schools Nearby
- 700mSaint Francis Catholic Primary School
- 700mBrownlow Primary School
- 900mThe Grove Primary School
- 1.3kmLong Field Spencer Academy
- 1.9kmJohn Ferneley College
- 14.0kmCatmose College
More reading links
Public Transport Nearby
Melton Mowbray station is the nearest stop to 17, Oak Road, Melton Mowbray at 400 metres away.
- 400mMelton Mowbray
- 14.3kmOakham
- 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 low risk of flooding.
