286, Melton Road
286, Melton Road
Description & Estimates
Public records show 286, Melton Road, Nottingham to be a modern freehold house with 4,090 ft2 of internal area, sitting on a 1,093 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
286, Melton Road, Nottingham has an estimated sale value of £1,246,767 and an estimated rental value of £3,217 per month, assuming reasonable condition and based on the information available.
Melton Road, Edwalton, Nottingham, NG12 lies in the borough of Rushcliffe, within the NG12 postal district.
Our Data Sources
286, Melton Road, Nottingham has a single entry in the Land Registry from July 2021 and a single entry in the EPC database dated June 2021.
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
In very good condition, we estimate 286, Melton Road, Nottingham would be worth £1,309,105, with a potential rental value of £3,378 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,159,493, with a rental value of £2,992 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 286, Melton Road, Nottingham has declined by £15,302 (1.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £35 (1.1%). The property's estimated gross yield is currently 3.1%.
Plot Size
286, Melton Road, Nottingham occupies a 1,093 m2 plot as recorded by HM Land Registry.
Of the 12 other houses in this postcode, 10 have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
286, Melton Road, Nottingham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
Sold Prices
286, Melton Road, Nottingham last changed hands on 20th July 2021, selling for £1,125,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 2.6% since July 2021.
- Sold Jul 2021£1,125,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 850 metres of 286, Melton Road, Nottingham across the last 2 years.
Most recently, 288, Melton Road, Nottingham, NG12 4DD, a freehold house, sold at £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
Our analysis of the public data ranks 286, Melton Road, Nottingham as the 10th largest and the 16th most expensive of the 55 addresses on Melton Road, Edwalton, Nottingham, NG12.
Against the NG12 postcode district average, it is £877k more expensive than the typical property.
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
Nottingham station is the nearest stop to 286, Melton Road, Nottingham at 4.6 kilometres away.
- 4.6kmNottingham
- 6.0kmBeeston
- 6.5kmNetherfield
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
