290, Melton Road
290, Melton Road
Description & Estimates
290, Melton Road, Nottingham is recorded publicly as a period freehold house across 2,507 ft2 of internal area, sitting on a 2,699 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 290, Melton Road, Nottingham is £1,454,397 and its rental estimate is £3,753 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
290, Melton Road, Nottingham has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated July 2021.
We combine this information with that 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
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 290, Melton Road, Nottingham, we estimate a market value of £1,527,117 and a rental value of £3,941 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,352,590 and £3,490 per month respectively.
Recent Market Change
Over the last year, 290, Melton Road, Nottingham has seen its estimated sale value fall by £17,850 (1.2%) and its estimated rental value move up by £41 per month (1.1%). This results in an estimated gross rental yield of 3.1%.
Plot Size
HM Land Registry records the plot of land for 290, Melton Road, Nottingham as measuring 2,699 m2.
That makes it the largest plot in the postcode, where 10 of the 12 other houses have recorded plot data.
Energy Efficiency
290, Melton Road, Nottingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jul 2021.
The property is connected to mains gas and has some secondary glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 290, Melton Road, Nottingham completed on 27th January 2022 at £1,400,000 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 5.2% over the period since January 2022.
- Sold Jan 2022£1,400,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 890 metres of 290, Melton Road, Nottingham, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2021, was 288, Melton Road, Nottingham, NG12 4DD, a freehold house which sold for £1,150,000.
Read more about house prices in NG12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 55 addresses on Melton Road, Edwalton, Nottingham, NG12, 290, Melton Road, Nottingham comes out as the 27th largest and the 13th most expensive in our analysis of the public data.
It is also £1.085m 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 290, 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.
