3, Chapman Drive
3, Chapman Drive
Description & Estimates
3, Chapman Drive, Melton Mowbray is recorded publicly as a modern freehold house across 1,410 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Chapman Drive, Melton Mowbray is £357,464 and its rental estimate is £1,193 per month, given the available information and assuming reasonable condition.
Chapman Drive, Melton Mowbray, LE13 falls within the LE13 postal district, in the borough of Melton.
Our Data Sources
3, Chapman Drive, Melton Mowbray has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 3, Chapman Drive, Melton Mowbray, we estimate a market value of £375,337 and a rental value of £1,252 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £332,441 and £1,109 per month respectively.
Recent Market Change
Over the last year, 3, Chapman Drive, Melton Mowbray has seen its estimated sale value drop by £720 (0.2%) and its estimated rental value rise by £36 per month (3.0%). This results in an estimated gross rental yield of 4.0%.
Energy Efficiency
3, Chapman Drive, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Sep 2023.
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 3, Chapman Drive, Melton Mowbray completed on 29th September 2023 at £457,000 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 risen by 9.2% over the period since September 2023.
- Sold Sep 2023£457,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Chapman Drive, Melton Mowbray have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st February 2025, was 1, Chapman Drive, Melton Mowbray, LE13 1FZ, a freehold house which sold for £412,000.
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
Of the 30 addresses on Chapman Drive, Melton Mowbray, LE13, 3, Chapman Drive, Melton Mowbray comes out as the 3rd largest and the 4th most expensive in our analysis of the public data.
It is also £119k more expensive than the average property across the LE13 district.
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Schools Nearby
- 200mSherard Primary School
- 900mSaint Francis Catholic Primary School
- 1.0kmSwallowdale Primary School and Community Centre
- 1.7kmLong Field Spencer Academy
- 2.9kmJohn Ferneley College
- 13.1kmCatmose College
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Public Transport Nearby
From 3, Chapman Drive, Melton Mowbray, the nearest station is Melton Mowbray, 800 metres away.
- 800mMelton Mowbray
- 13.4kmOakham
- 15.4kmSyston
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
