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According to the public record, 3, Cygnet Close, Melton Mowbray is a modern freehold house with 914 ft2 of internal area and sits on a 223 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Cygnet Close, Melton Mowbray is £277,673 and the estimated rental value is £1,040 per month.
Cygnet Close, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
3, Cygnet Close, Melton Mowbray has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 3, Cygnet Close, Melton Mowbray is in very good condition we estimate a sale value of £291,557 and a rental value of £1,092 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,236 and a rental value of £968 per month.
Over the past 12 months, the estimated sale value of 3, Cygnet Close, Melton Mowbray has fallen by £5,047 (1.8%), while its estimated rental value has moved up by £14 per month (1.3%). Based on current estimates, the property offers a gross rental yield of 4.5%.
According to data from HM Land Registry, 3, Cygnet Close, Melton Mowbray sits on a plot of 223 m2.
We have plot size data on 2 out of 19 other houses in the postcode and 3, Cygnet Close, Melton Mowbray sits on the largest plot.
3, Cygnet Close, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Cygnet Close, Melton Mowbray was last sold on 11th October 2022 for £270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2022, the market for similar properties has dropped by 22.7%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Cygnet Close, Melton Mowbray within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 2, Cygnet Close, Melton Mowbray, LE13 1FQ, a freehold house which sold for £250,000 on the 23rd June 2023.
Read more about house prices in LE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cygnet Close, Melton Mowbray, LE13 has a total of 19 addresses. According to our analysis of all the public data, 3, Cygnet Close, Melton Mowbray is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in LE13.
The closest station to 3, Cygnet Close, Melton Mowbray is Melton Mowbray station, which is 2.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Cygnet Close, Melton Mowbray, 70.9% of property is privately owned outright and 28.2% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Cygnet Close, Melton Mowbray, 12.8% of residents are recorded as possessing school level qualifications and 43.2% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Cygnet Close, Melton Mowbray, the average age was 43.5 and the most common age was 52.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Cygnet Close, Melton Mowbray, 0.7% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Cygnet Close, Melton Mowbray, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.