3, Steeple Drive
3, Steeple Drive
Description & Estimates
3, Steeple Drive, Melton Mowbray is recorded publicly as a modern freehold house across 1,474 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Steeple Drive, Melton Mowbray is £419,512 and its rental estimate is £1,575 per month, given the available information and assuming reasonable condition.
Steeple Drive, Brooksby, Melton Mowbray, LE14 falls within the LE14 postal district, in the borough of Melton.
Our Data Sources
3, Steeple Drive, Melton Mowbray has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated October 2022.
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, Steeple Drive, Melton Mowbray, we estimate a market value of £440,487 and a rental value of £1,653 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £390,146 and £1,464 per month respectively.
Recent Market Change
Over the last year, 3, Steeple Drive, Melton Mowbray has seen its estimated sale value decline by £6,714 (1.6%) and its estimated rental value climb by £28 per month (1.8%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
3, Steeple Drive, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Sold Prices
The most recent sale of 3, Steeple Drive, Melton Mowbray completed on 16th December 2022 at £450,000 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 1.3% over the period since December 2022.
- Sold Dec 2022£450,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Steeple Drive, Melton Mowbray have sold within a radius of 3.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st March 2025, was 10, Angel Way, Melton Mowbray, LE14 2DL, a freehold house which sold for £475,000.
Read more about house prices in LE14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 40 addresses on Steeple Drive, Brooksby, Melton Mowbray, LE14, 3, Steeple Drive, Melton Mowbray comes out as the 4th largest and the 5th most expensive in our analysis of the public data.
It is also £33k more expensive than the average property across the LE14 district.
More reading links
Schools Nearby
- 2.5kmThrussington Church of England Primary School
- 2.6kmSt Michael & All Angels Church of England Primary School
- 2.6kmFrisby Church of England Primary School
- 5.7kmWreake Valley Academy
- 7.3kmLong Field Spencer Academy
- 8.1kmThe Roundhill Academy
More reading links
Public Transport Nearby
From 3, Steeple Drive, Melton Mowbray, the nearest station is Syston, 7.1 kilometres away.
- 7.1kmSyston
- 7.3kmSileby
- 8.3kmMelton Mowbray
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
