2, Kestrel Road
2, Kestrel Road
Description & Estimates
Public records show 2, Kestrel Road, Melton Mowbray to be a mid-century leasehold apartment with 258 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
2, Kestrel Road, Melton Mowbray has an estimated sale value of £73,341 and an estimated rental value of £359 per month, assuming reasonable condition and based on the information available.
Kestrel Road, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
Our Data Sources
2, Kestrel Road, Melton Mowbray has a single entry in the Land Registry from August 2009 and a single entry in the EPC database dated July 2020.
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
In very good condition, we estimate 2, Kestrel Road, Melton Mowbray would be worth £77,008, with a potential rental value of £377 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £68,207, with a rental value of £334 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, Kestrel Road, Melton Mowbray has moved up by £474 (0.6%) over the last year. During the same period, its estimated monthly rental value has increased by £14 (4.0%). The property's estimated gross yield is currently 5.9%.
Energy Efficiency
2, Kestrel Road, Melton Mowbray has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
2, Kestrel Road, Melton Mowbray last changed hands on 28th August 2009, selling for £49,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 39.7% since August 2009.
- Sold Aug 2009£49,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 560 metres of 2, Kestrel Road, Melton Mowbray across the last 2 years.
Most recently, 16, Kestrel Road, Melton Mowbray, LE13 0AY, a leasehold flat, sold at £70,000 on the 22nd December 2021.
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, Kestrel Road, Melton Mowbray as the 66th largest and the 66th most expensive of the 72 addresses on Kestrel Road, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £165k less expensive than the typical property.
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Schools Nearby
- 200mSwallowdale Primary School and Community Centre
- 700mSaint Francis Catholic Primary School
- 1.2kmSherard Primary School
- 1.0kmLong Field Spencer Academy
- 3.1kmJohn Ferneley College
- 13.1kmWreake Valley Academy
More reading links
Public Transport Nearby
Melton Mowbray station is the nearest stop to 2, Kestrel Road, Melton Mowbray at 900 metres away.
- 900mMelton Mowbray
- 14.0kmOakham
- 14.3kmSyston
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.
