288, Melton Road
288, Melton Road
Description & Estimates
According to the public record, 288, Melton Road, Nottingham is a modern freehold house with 4,090 ft2 of internal area and sits on a 1,195 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 288, Melton Road, Nottingham is £1,246,767 and the estimated rental value is £3,217 per month.
Melton Road, Edwalton, Nottingham, NG12 is located in the borough of Rushcliffe within the NG12 postal district.
Our Data Sources
288, Melton Road, Nottingham has a single entry in the Land Registry from September 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
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 288, Melton Road, Nottingham is in very good condition we estimate a sale value of £1,309,105 and a rental value of £3,378 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,159,493 and a rental value of £2,992 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 288, Melton Road, Nottingham has fallen by £15,302 (1.2%), while its estimated rental value has moved up by £35 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, 288, Melton Road, Nottingham sits on a plot of 1,195 m2.
We have plot size data on 10 out of 12 other houses in the postcode and 288, Melton Road, Nottingham sits on the 5th largest plot.
Energy Efficiency
288, 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
According to HM Land Registry, 288, Melton Road, Nottingham was last sold on 30th September 2021 for £1,150,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped by 3.0%.
- Sold Sep 2021£1,150,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 288, Melton Road, Nottingham within a radius of 870 metres over the last 2 years.
The most recent example is 286, Melton Road, Nottingham, NG12 4DD, a freehold house which sold for £1,125,000 on the 20th July 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, 288, Melton Road, Nottingham is the 9th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £877k more expensive than the average property in NG12.
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
The closest station to 288, Melton Road, Nottingham is Nottingham station, which is 4.6 kilometres away.
- 4.6kmNottingham
- 6.0kmBeeston
- 6.5kmNetherfield
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.
