3, Austen Drive
3, Austen Drive
Description & Estimates
Public records show 3, Austen Drive, Melton Mowbray to be a modern freehold house with 1,022 ft2 of internal area, sitting on a 264 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Austen Drive, Melton Mowbray has an estimated sale value of £283,604 and an estimated rental value of £1,089 per month, assuming reasonable condition and based on the information available.
Austen Drive, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
Our Data Sources
3, Austen Drive, Melton Mowbray has a single entry in the Land Registry from October 2019 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Austen Drive, Melton Mowbray would be worth £297,785, with a potential rental value of £1,143 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £263,752, with a rental value of £1,013 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 3, Austen Drive, Melton Mowbray has dropped by £5,154 (1.8%) over the last year. During the same period, its estimated monthly rental value has risen by £14 (1.3%). The property's estimated gross yield is currently 4.6%.
Plot Size
3, Austen Drive, Melton Mowbray occupies a 264 m2 plot as recorded by HM Land Registry.
Of the 21 other houses in this postcode, 13 have recorded plot sizes, and this one ranks as the 9th largest.
Energy Efficiency
3, Austen Drive, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Oct 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Austen Drive, Melton Mowbray last changed hands on 25th October 2019, selling for £269,995. 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 2.3% since October 2019.
- Sold Oct 2019£269,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of 3, Austen Drive, Melton Mowbray across the last 2 years.
Most recently, 26, Shakespeare Gardens, Melton Mowbray, LE13 0RL, a freehold house, sold at £278,000 on the 26th July 2024.
Read more about house prices in LE13.
•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 3, Austen Drive, Melton Mowbray as the 9th largest and the 9th most expensive of the 21 addresses on Austen Drive, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £45k more expensive than the typical property.
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Schools Nearby
- 300mSt Mary's Church of England Primary School
- 1.4kmThe Grove Primary School
- 1.8kmBrownlow Primary School
- 700mJohn Ferneley College
- 2.1kmLong Field Spencer Academy
- 14.3kmWreake Valley Academy
More reading links
Public Transport Nearby
Melton Mowbray station is the nearest stop to 3, Austen Drive, Melton Mowbray at 2.2 kilometres away.
- 2.2kmMelton Mowbray
- 15.3kmSileby
- 15.6kmSyston
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
