21, Steeple Drive
21, Steeple Drive
Description & Estimates
21, Steeple Drive, Melton Mowbray is recorded publicly as a modern leasehold house across 882 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 21, Steeple Drive, Melton Mowbray is £298,750 and its rental estimate is £1,273 per month, given the available information and assuming reasonable condition.
Steeple Drive, Brooksby, Melton Mowbray, LE14 falls within the LE14 postal district, in the borough of Melton.
Our Data Sources
21, Steeple Drive, Melton Mowbray has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated April 2023.
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
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, Steeple Drive, Melton Mowbray, we estimate a market value of £313,688 and a rental value of £1,337 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £277,838 and £1,184 per month respectively.
Recent Market Change
Over the last year, 21, Steeple Drive, Melton Mowbray has seen its estimated sale value drop by £8,391 (2.8%) and its estimated rental value rise by £12 per month (0.9%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
21, Steeple Drive, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Apr 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Sold Prices
The most recent sale of 21, Steeple Drive, Melton Mowbray completed on 7th September 2023 at £117,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 0.8% over the period since September 2023.
- Sold Sep 2023£117,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 21, Steeple Drive, Melton Mowbray have sold within a radius of 3.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th July 2023, was 15, Steeple Drive, Melton Mowbray, LE14 2DA, a leasehold house which sold for £130,000.
Read more about house prices in LE14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 40 addresses on Steeple Drive, Brooksby, Melton Mowbray, LE14, 21, Steeple Drive, Melton Mowbray comes out as the 30th largest and the 32nd most expensive in our analysis of the public data.
It is also £88k less expensive than the average property across the LE14 district.
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Schools Nearby
- 2.5kmThrussington Church of England Primary School
- 2.6kmSt Michael & All Angels Church of England Primary School
- 2.6kmFrisby Church of England Primary School
- 5.7kmWreake Valley Academy
- 7.3kmLong Field Spencer Academy
- 8.1kmThe Roundhill Academy
More reading links
Public Transport Nearby
From 21, Steeple Drive, Melton Mowbray, the nearest station is Syston, 7.1 kilometres away.
- 7.1kmSyston
- 7.3kmSileby
- 8.3kmMelton Mowbray
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
