2, Gloucester Avenue
2, Gloucester Avenue
Description & Estimates
2, Gloucester Avenue, Melton Mowbray is described in the public record as a mid-century house with 1,410 ft2 of internal area, sitting on a 706 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Gloucester Avenue, Melton Mowbray is £406,417 and its rental estimate is £1,138 per month, given the available information and assuming reasonable condition.
Gloucester Avenue, Melton Mowbray, LE13 falls within the LE13 postal district, in the borough of Melton.
Our Data Sources
2, Gloucester Avenue, Melton Mowbray has no records in the the Land Registry and a single entry in the EPC database dated September 2023.
We combine this information with public data 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Gloucester Avenue, Melton Mowbray, we estimate a market value of £426,737 and a rental value of £1,194 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £377,967 and £1,058 per month respectively.
Recent Market Change
Over the last year, 2, Gloucester Avenue, Melton Mowbray has seen its estimated sale value decrease by £819 (0.2%) and its estimated rental value grow by £34 per month (3.0%). This results in an estimated gross rental yield of 3.4%.
Plot Size
HM Land Registry records the plot of land for 2, Gloucester Avenue, Melton Mowbray as measuring 706 m2.
That makes it the 2nd largest plot in the postcode, where all 14 other houses have recorded plot data.
Energy Efficiency
2, Gloucester Avenue, Melton Mowbray has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Sep 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Gloucester Avenue, Melton Mowbray have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th October 2023, was 26, Gloucester Avenue, Melton Mowbray, LE13 0AG, a freehold house which sold for £382,500.
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
Of the 14 addresses on Gloucester Avenue, Melton Mowbray, LE13, 2, Gloucester Avenue, Melton Mowbray comes out as the 5th largest and the 2nd most expensive in our analysis of the public data.
It is also £168k more expensive than the average property across the LE13 district.
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Schools Nearby
- 500mSherard Primary School
- 700mSwallowdale Primary School and Community Centre
- 900mSaint Francis Catholic Primary School
- 1.6kmLong Field Spencer Academy
- 3.1kmJohn Ferneley College
- 13.1kmCatmose College
More reading links
Public Transport Nearby
From 2, Gloucester Avenue, Melton Mowbray, the nearest station is Melton Mowbray, 900 metres away.
- 900mMelton Mowbray
- 13.4kmOakham
- 15.1kmSyston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
