21, Austen Drive
21, Austen Drive
Description & Estimates
21, Austen Drive, Melton Mowbray is recorded publicly as a modern freehold house across 1,022 ft2 of internal area, sitting on a 288 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 21, Austen Drive, Melton Mowbray is £283,604 and its rental estimate is £1,089 per month, given the available information and assuming reasonable condition.
Austen Drive, Melton Mowbray, LE13 falls within the LE13 postal district, in the borough of Melton.
Our Data Sources
21, Austen Drive, Melton Mowbray has a single entry in the Land Registry from December 2019 and a single entry in the EPC database dated November 2019.
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.
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 21, Austen Drive, Melton Mowbray, we estimate a market value of £297,785 and a rental value of £1,143 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £263,752 and £1,013 per month respectively.
Recent Market Change
Over the last year, 21, Austen Drive, Melton Mowbray has seen its estimated sale value move down by £5,154 (1.8%) and its estimated rental value increase by £14 per month (1.3%). This results in an estimated gross rental yield of 4.6%.
Plot Size
HM Land Registry records the plot of land for 21, Austen Drive, Melton Mowbray as measuring 288 m2.
That makes it the 8th largest plot in the postcode, where 13 of the 21 other houses have recorded plot data.
Energy Efficiency
21, Austen Drive, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 21, Austen Drive, Melton Mowbray completed on 12th December 2019 at £264,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 2.3% over the period since December 2019.
- Sold Dec 2019£264,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 21, Austen Drive, Melton Mowbray have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th July 2024, was 26, Shakespeare Gardens, Melton Mowbray, LE13 0RL, a freehold house which sold for £278,000.
Read more about house prices in LE13.
- Sold Jul 2024£278,000 | 3 Bed House26, Shakespeare Gardens, Melton Mowbray, LE13 0RL26, Shakespeare Gardens, Melton Mowbray, LE13 0RL
- Sold May 2023£312,500 | 3 Bed House48, Dickens Drive, Melton Mowbray, LE13 1HZ48, Dickens Drive, Melton Mowbray, LE13 1HZ
- Sold Apr 2022£307,000 | 3 Bed House46, Dickens Drive, Melton Mowbray, LE13 1HZ46, Dickens Drive, Melton Mowbray, LE13 1HZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 21 addresses on Austen Drive, Melton Mowbray, LE13, 21, Austen Drive, Melton Mowbray comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £45k more expensive than the average property across the LE13 district.
More reading links
Schools Nearby
- 300mSt Mary's Church of England Primary School
- 1.4kmThe Grove Primary School
- 1.8kmBrownlow Primary School
- 700mJohn Ferneley College
- 2.1kmLong Field Spencer Academy
- 14.3kmWreake Valley Academy
More reading links
Public Transport Nearby
From 21, Austen Drive, Melton Mowbray, the nearest station is Melton Mowbray, 2.2 kilometres away.
- 2.2kmMelton Mowbray
- 15.3kmSileby
- 15.6kmSyston
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
