245, Melton Road
245, Melton Road
Description & Estimates
According to the public record, 245, Melton Road, Nottingham is an early-century house with 3,627 ft2 of internal area and sits on a 1,816 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 245, Melton Road, Nottingham is £1,198,713 and the estimated rental value is £3,093 per month.
Melton Road, Edwalton, Nottingham, NG12 is located in the borough of Rushcliffe within the NG12 postal district.
Our Data Sources
245, Melton Road, Nottingham has no records in the the Land Registry and a single entry in the EPC database dated February 2024.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 245, Melton Road, Nottingham is in very good condition we estimate a sale value of £1,258,648 and a rental value of £3,248 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,114,803 and a rental value of £2,877 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 245, Melton Road, Nottingham has declined by £14,712 (1.2%), while its estimated rental value has climbed by £34 per month (1.1%). Based on current estimates, the property offers a gross rental yield of 3.1%.
Plot Size
According to data from HM Land Registry, 245, Melton Road, Nottingham sits on a plot of 1,816 m2.
We have plot size data on 4 out of 5 other houses in the postcode and 245, Melton Road, Nottingham sits on the 2nd largest plot.
Energy Efficiency
245, Melton Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 245, Melton Road, Nottingham within a radius of 950 metres over the last 2 years.
The most recent example is 288, Melton Road, Nottingham, NG12 4DD, a freehold house which sold for £1,150,000 on the 30th September 2021.
Read more about house prices in NG12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Melton Road, Edwalton, Nottingham, NG12 has a total of 55 addresses. According to our analysis of all the public data, 245, Melton Road, Nottingham is the 11th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £829k more expensive than the average property in NG12.
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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
The closest station to 245, Melton Road, Nottingham is Nottingham station, which is 4.9 kilometres away.
- 4.9kmNottingham
- 6.1kmBeeston
- 6.7kmNetherfield
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
