27, Steeple Drive
27, Steeple Drive
Description & Estimates
According to the public record, 27, Steeple Drive, Melton Mowbray is a modern freehold house with 1,097 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 27, Steeple Drive, Melton Mowbray is £351,631 and the estimated rental value is £1,425 per month.
Steeple Drive, Brooksby, Melton Mowbray, LE14 is located in the borough of Melton within the LE14 postal district.
Our Data Sources
27, Steeple Drive, Melton Mowbray has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated May 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
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 27, Steeple Drive, Melton Mowbray is in very good condition we estimate a sale value of £369,213 and a rental value of £1,497 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,017 and a rental value of £1,325 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 27, Steeple Drive, Melton Mowbray has fallen by £9,876 (2.8%), while its estimated rental value has moved up by £13 per month (0.9%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Energy Efficiency
27, Steeple Drive, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 May 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
According to HM Land Registry, 27, Steeple Drive, Melton Mowbray was last sold on 26th May 2023 for £395,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has dropped by 1.9%.
- Sold May 2023£395,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Steeple Drive, Melton Mowbray within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 8, Greenhouse Road, Melton Mowbray, LE14 2DB, a freehold house which sold for £385,800 on the 13th December 2024.
Read more about house prices in LE14.
- Sold Dec 2024£385,800 | 3 Bed House8, Greenhouse Road, Melton Mowbray, LE14 2DB8, Greenhouse Road, Melton Mowbray, LE14 2DB
- Sold Sep 2024£385,000 | 3 Bed House2, Greenhouse Road, Melton Mowbray, LE14 2DB2, Greenhouse Road, Melton Mowbray, LE14 2DB
- Sold Jun 2024£350,000 | 3 Bed House47, Steeple Drive, Melton Mowbray, LE14 2DA47, Steeple Drive, Melton Mowbray, LE14 2DA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Steeple Drive, Brooksby, Melton Mowbray, LE14 has a total of 40 addresses. According to our analysis of all the public data, 27, Steeple Drive, Melton Mowbray is the 17th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in LE14.
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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
The closest station to 27, Steeple Drive, Melton Mowbray is Syston station, which is 7.1 kilometres away.
- 7.1kmSyston
- 7.3kmSileby
- 8.3kmMelton Mowbray
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
