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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Hedgerow Close, Melton Mowbray is a modern freehold house with 839 ft2 of internal area and sits on a 197 m2 plot.
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 2, Hedgerow Close, Melton Mowbray is £243,450 and the estimated rental value is £1,198 per month.
Hedgerow Close, Old Dalby, Melton Mowbray, LE14 is located in the borough of Melton within the LE14 postal district.
2, Hedgerow Close, Melton Mowbray has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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, Hedgerow Close, Melton Mowbray is in very good condition we estimate a sale value of £255,622 and a rental value of £1,258 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,408 and a rental value of £1,114 per month.
Over the last 12 months the sale value of 2 Hedgerow Close Melton Mowbray has decreased by an estimated £6,837 (2.8%) and its rental value has increased by an estimated £11 per month (0.9%), giving an expected gross yield of 5.9%.
According to data from HM Land Registry, 2, Hedgerow Close, Melton Mowbray sits on a plot of 197m2.
We have plot size data on 4 out of 17 other houses in the postcode and 2, Hedgerow Close, Melton Mowbray sits on the 3rd largest plot.
2, Hedgerow Close, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Hedgerow Close, Melton Mowbray was last sold on 22nd March 2022 for £172,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2022, the market for similar properties has risen 23.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Hedgerow Close, Melton Mowbray within a radius of 5.6 kilometres over the last 2 years.
The most recent example is 12, Hedgerow Close, Melton Mowbray, LE14 3JS, a freehold house which sold for £157,850 on the 5th July 2024.
Read more about house prices in LE14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hedgerow Close, Old Dalby, Melton Mowbray, LE14 has a total of 17 addresses. According to our analysis of all the public data, 2, Hedgerow Close, Melton Mowbray is the 9th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in LE14.
The closest station to 2, Hedgerow Close, Melton Mowbray is Melton Mowbray station which is 9.6 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Hedgerow Close, Melton Mowbray, 48.5% of property is privately owned outright and 41.7% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Hedgerow Close, Melton Mowbray, 21.8% of residents are recorded as possessing school level qualifications and 44.2% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Hedgerow Close, Melton Mowbray, the average age was 44.2 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Hedgerow Close, Melton Mowbray, 1.2% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Hedgerow Close, Melton Mowbray, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
