2, Glebe Close
2, Glebe Close
Description & Estimates
According to the public record, 2, Glebe Close, Melton Mowbray is a modern freehold house with 2,206 ft2 of internal area and sits on a 806 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Glebe Close, Melton Mowbray is £651,362 and the estimated rental value is £1,807 per month.
Glebe Close, Long Clawson, Melton Mowbray, LE14 is located in the borough of Melton within the LE14 postal district.
Our Data Sources
2, Glebe Close, Melton Mowbray has 3 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 2, Glebe Close, Melton Mowbray is in very good condition we estimate a sale value of £683,930 and a rental value of £1,897 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £605,767 and a rental value of £1,680 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Glebe Close, Melton Mowbray has declined by £10,801 (1.7%), while its estimated rental value has climbed by £43 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 3.3%.
Plot Size
According to data from HM Land Registry, 2, Glebe Close, Melton Mowbray sits on a plot of 806 m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2, Glebe Close, Melton Mowbray sits on the largest plot.
Energy Efficiency
2, Glebe Close, Melton Mowbray has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Feb 2022.
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, 2, Glebe Close, Melton Mowbray was last sold on 22nd July 2022 for £600,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since July 2022, the market for similar properties has dropped by 6.2%.
- Sold Jul 2022£600,000
- Sold Dec 2008£425,000
- Sold Aug 2007£160,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Glebe Close, Melton Mowbray within a radius of 4.6 kilometres over the last 2 years.
The most recent example is 3, Barkers Field, Melton Mowbray, LE14 4PL, a freehold house which sold for £625,000 on the 1st December 2023.
Read more about house prices in LE14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Glebe Close, Long Clawson, Melton Mowbray, LE14 has a total of 4 addresses. According to our analysis of all the public data, 2, Glebe Close, Melton Mowbray is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £264k more expensive than the average property in LE14.
More reading links
Schools Nearby
- 400mLong Clawson Church of England Primary School
- 2.4kmHose Church of England Primary School
- 4.3kmAb Kettleby Primary School
- 7.1kmJohn Ferneley College
- 8.9kmLong Field Spencer Academy
- 11.0kmThe South Wolds Academy & Sixth Form
More reading links
Public Transport Nearby
The closest station to 2, Glebe Close, Melton Mowbray is Melton Mowbray station, which is 9.2 kilometres away.
- 9.2kmMelton Mowbray
- 12.7kmAslockton
- 12.9kmBingham
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
