2, Main Road
2, Main Road
Description & Estimates
2, Main Road, Melton Mowbray is described in the public record as a period house with 1,496 ft2 of internal area, sitting on a 379 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Main Road, Melton Mowbray is £449,683 and its rental estimate is £1,518 per month, given the available information and assuming reasonable condition.
Main Road, Old Dalby, Melton Mowbray, LE14 falls within the LE14 postal district, in the borough of Melton.
Our Data Sources
2, Main Road, Melton Mowbray has no records in the the Land Registry and a single entry in the EPC database dated February 2018.
We combine this information with public data 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
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, Main Road, Melton Mowbray, we estimate a market value of £472,167 and a rental value of £1,594 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £418,205 and £1,412 per month respectively.
Recent Market Change
Over the last year, 2, Main Road, Melton Mowbray has seen its estimated sale value decline by £7,197 (1.6%) and its estimated rental value climb by £27 per month (1.8%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 2, Main Road, Melton Mowbray as measuring 379 m2.
That makes it the 13th largest plot in the postcode, where 16 of the 28 other houses have recorded plot data.
Energy Efficiency
2, Main Road, Melton Mowbray has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Main Road, Melton Mowbray have sold within a radius of 5.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th November 2020, was 14, The Green, Melton Mowbray, LE14 3LL, a freehold house which sold for £410,000.
Read more about house prices in LE14.
- Sold Nov 2020£410,000 | 4 Bed House14, The Green, Melton Mowbray, LE14 3LL14, The Green, Melton Mowbray, LE14 3LL
- Sold Oct 2018£364,400 | 4 Bed House18, Main Road, Melton Mowbray, LE14 3LR18, Main Road, Melton Mowbray, LE14 3LR
- Sold May 2016£275,000 | 4 Bed House15, Main Road, Melton Mowbray, LE14 3LR15, Main Road, Melton Mowbray, LE14 3LR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 38 addresses on Main Road, Old Dalby, Melton Mowbray, LE14, 2, Main Road, Melton Mowbray comes out as the 10th largest and the 19th most expensive in our analysis of the public data.
It is also £63k more expensive than the average property across the LE14 district.
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Schools Nearby
- 100mOld Dalby Church of England Primary School
- 4.3kmWilloughby Primary School
- 4.8kmAb Kettleby Primary School
- 8.2kmJohn Ferneley College
- 8.5kmLong Field Spencer Academy
- 9.2kmThe South Wolds Academy & Sixth Form
More reading links
Public Transport Nearby
From 2, Main Road, Melton Mowbray, the nearest station is Melton Mowbray, 9.3 kilometres away.
- 9.3kmMelton Mowbray
- 11.2kmSileby
- 11.9kmBarrow-upon-Soar
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.
