241, Melton Road
241, Melton Road
Description & Estimates
241, Melton Road, Nottingham is described in the public record as a modern house with 9,020 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 241, Melton Road, Nottingham is £2,027,603 and its rental estimate is £5,232 per month, given the available information and assuming reasonable condition.
Melton Road, Edwalton, Nottingham, NG12 falls within the NG12 postal district, in the borough of Rushcliffe.
Our Data Sources
241, Melton Road, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated November 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 241, Melton Road, Nottingham, we estimate a market value of £2,128,983 and a rental value of £5,494 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,885,671 and £4,866 per month respectively.
Recent Market Change
Over the last year, 241, Melton Road, Nottingham has seen its estimated sale value drop by £24,885 (1.2%) and its estimated rental value rise by £57 per month (1.1%). This results in an estimated gross rental yield of 3.1%.
Energy Efficiency
241, Melton Road, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric, Air source heat pump, underfloor, electric.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 900 metres of 241, Melton Road, Nottingham, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2020, was 6, Robin Gardens, Nottingham, NG12 4JP, a freehold house which sold for £775,000.
Read more about house prices in NG12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 55 addresses on Melton Road, Edwalton, Nottingham, NG12, 241, Melton Road, Nottingham comes out as the largest and the 5th most expensive in our analysis of the public data.
It is also £1.658m more expensive than the average property across the NG12 district.
More reading links
Schools Nearby
- 500mRosecliffe Spencer Academy
- 1.3kmEdwalton Primary School
- 1.5kmJesse Gray Primary School
- 1.0kmRushcliffe Spencer Academy
- 2.0kmThe West Bridgford School
- 3.2kmFarnborough Spencer Academy
More reading links
Public Transport Nearby
From 241, Melton Road, Nottingham, the nearest station is Nottingham, 4.9 kilometres away.
- 4.9kmNottingham
- 6.1kmBeeston
- 6.7kmNetherfield
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
