280, Melton Road
280, Melton Road
Description & Estimates
280, Melton Road, Nottingham is recorded publicly as a modern freehold house across 2,626 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 280, Melton Road, Nottingham is £1,002,920 and its rental estimate is £2,588 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
280, Melton Road, Nottingham has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 280, Melton Road, Nottingham, we estimate a market value of £1,053,066 and a rental value of £2,717 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £932,716 and £2,407 per month respectively.
Recent Market Change
Over the last year, 280, Melton Road, Nottingham has seen its estimated sale value decrease by £12,309 (1.2%) and its estimated rental value grow by £28 per month (1.1%). This results in an estimated gross rental yield of 3.1%.
Energy Efficiency
280, Melton Road, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Aug 2022.
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 280, Melton Road, Nottingham completed on 26th August 2022 at £1,000,000 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 11.7% over the period since August 2022.
- Sold Aug 2022£1,000,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 280, Melton Road, Nottingham have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd September 2024, was 9, Blackbird Crescent, Nottingham, NG12 4JN, a freehold house which sold for £550,000.
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
Of the 55 addresses on Melton Road, Edwalton, Nottingham, NG12, 280, Melton Road, Nottingham comes out as the 23rd largest and the 27th most expensive in our analysis of the public data.
It is also £633k more expensive than the average property across the NG12 district.
More reading links
Schools Nearby
- 400mRosecliffe Spencer Academy
- 1.1kmEdwalton Primary School
- 1.2kmJesse Gray Primary School
- 800mRushcliffe Spencer Academy
- 1.8kmThe West Bridgford School
- 3.1kmThe Becket School
More reading links
Public Transport Nearby
From 280, Melton Road, Nottingham, the nearest station is Nottingham, 4.6 kilometres away.
- 4.6kmNottingham
- 6.0kmBeeston
- 6.5kmNetherfield
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.
