3, Derwent Drive
3, Derwent Drive
Description & Estimates
According to the public record, 3, Derwent Drive, Melton Mowbray is a mid-century freehold house with 839 ft2 of internal area and sits on a 249 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, Derwent Drive, Melton Mowbray is £242,560 and the estimated rental value is £977 per month.
Derwent Drive, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
Our Data Sources
3, Derwent Drive, Melton Mowbray has a single entry in the Land Registry from December 2016 and a single entry in the EPC database dated July 2016.
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
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, Derwent Drive, Melton Mowbray is in very good condition we estimate a sale value of £254,688 and a rental value of £1,026 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,580 and a rental value of £909 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Derwent Drive, Melton Mowbray has decreased by £4,408 (1.8%), while its estimated rental value has grown by £13 per month (1.3%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Plot Size
According to data from HM Land Registry, 3, Derwent Drive, Melton Mowbray sits on a plot of 249 m2.
We have plot size data on 19 out of 21 other houses in the postcode and 3, Derwent Drive, Melton Mowbray sits on the 18th largest plot.
Energy Efficiency
3, Derwent Drive, Melton Mowbray has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 3, Derwent Drive, Melton Mowbray was last sold on 22nd December 2016 for £165,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2016, the market for similar properties has risen by 5.1%.
- Sold Dec 2016£165,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Derwent Drive, Melton Mowbray within a radius of 570 metres over the last 2 years.
The most recent example is 10, Witham Close, Melton Mowbray, LE13 0EA, a freehold house which sold for £212,000 on the 28th February 2025.
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
Derwent Drive, Melton Mowbray, LE13 has a total of 21 addresses. According to our analysis of all the public data, 3, Derwent Drive, Melton Mowbray is the 18th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £4k more expensive than the average property in LE13.
More reading links
Schools Nearby
- 400mSaint Francis Catholic Primary School
- 500mSwallowdale Primary School and Community Centre
- 1.1kmSherard Primary School
- 800mLong Field Spencer Academy
- 2.7kmJohn Ferneley College
- 13.3kmWreake Valley Academy
More reading links
Public Transport Nearby
The closest station to 3, Derwent Drive, Melton Mowbray is Melton Mowbray station, which is 600 metres away.
- 600mMelton Mowbray
- 14.1kmOakham
- 14.6kmSyston
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.
