2, Hamilton Drive
2, Hamilton Drive
Description & Estimates
Public records show 2, Hamilton Drive, Melton Mowbray to be an early-century freehold house with 1,700 ft2 of internal area, sitting on a 450 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Hamilton Drive, Melton Mowbray has an estimated sale value of £357,971 and an estimated rental value of £1,206 per month, assuming reasonable condition and based on the information available.
Hamilton Drive, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
Our Data Sources
2, Hamilton Drive, Melton Mowbray has a single entry in the Land Registry from March 2014 and a single entry in the EPC database dated February 2013.
We combine this information with that 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
In very good condition, we estimate 2, Hamilton Drive, Melton Mowbray would be worth £375,869, with a potential rental value of £1,267 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £332,913, with a rental value of £1,122 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 2, Hamilton Drive, Melton Mowbray has declined by £721 (0.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £37 (3.0%). The property's estimated gross yield is currently 4.0%.
Plot Size
2, Hamilton Drive, Melton Mowbray occupies a 450 m2 plot as recorded by HM Land Registry.
Of the 21 other houses in this postcode, 19 have recorded plot sizes, and this one ranks as the 13th largest.
Energy Efficiency
2, Hamilton Drive, Melton Mowbray has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Feb 2013.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Hamilton Drive, Melton Mowbray last changed hands on 21st March 2014, selling for £248,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 39.0% since March 2014.
- Sold Mar 2014£248,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of 2, Hamilton Drive, Melton Mowbray across the last 2 years.
Most recently, 21, Sandy Lane, Melton Mowbray, LE13 0AN, a freehold house, sold at £465,000 on the 20th May 2022.
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 2, Hamilton Drive, Melton Mowbray as the 8th largest and the 12th most expensive of the 21 addresses on Hamilton Drive, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £120k more expensive than the typical property.
More reading links
Schools Nearby
- 400mSwallowdale Primary School and Community Centre
- 500mSaint Francis Catholic Primary School
- 800mSherard Primary School
- 1.1kmLong Field Spencer Academy
- 2.8kmJohn Ferneley College
- 13.5kmWreake Valley Academy
More reading links
Public Transport Nearby
Melton Mowbray station is the nearest stop to 2, Hamilton Drive, Melton Mowbray at 500 metres away.
- 500mMelton Mowbray
- 13.9kmOakham
- 14.8kmSyston
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
