31, The Crescent
31, The Crescent
Description & Estimates
31, The Crescent, Melton Mowbray appears in the public record as a freehold house sitting on a 417 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,571 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 31, The Crescent, Melton Mowbray is £327,937 and its rental estimate is £1,184 per month, given the available information and assuming reasonable condition.
The Crescent, Melton Mowbray, LE13 falls within the LE13 postal district, in the borough of Melton.
Our Data Sources
31, The Crescent, Melton Mowbray has 61 entries in the Land Registry , most recently in December 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 31, The Crescent, Melton Mowbray, we estimate a market value of £344,333 and a rental value of £1,243 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £304,981 and £1,101 per month respectively.
Recent Market Change
Over the last year, 31, The Crescent, Melton Mowbray has seen its estimated sale value move down by £661 (0.2%) and its estimated rental value increase by £36 per month (3.0%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 31, The Crescent, Melton Mowbray as measuring 417 m2.
That makes it the 6th largest plot in the postcode, where 40 of the 45 other houses have recorded plot data.
Sold Prices
The most recent sale of 31, The Crescent, Melton Mowbray completed on 7th December 2015 at £300,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 6 times.
Values of comparable properties have risen by 56.4% over the period since December 2015.
- Sold Dec 2015£300,000
- Sold Jan 2009£220,000
- Sold Aug 2005£237,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 31, The Crescent, Melton Mowbray have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd November 2022, was 53, The Crescent, Melton Mowbray, LE13 0NF, a freehold house which sold for £370,000.
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 49 addresses on The Crescent, Melton Mowbray, LE13, 31, The Crescent, Melton Mowbray comes out as the 3rd largest and the 7th most expensive in our analysis of the public data.
It is also £90k more expensive than the average property across the LE13 district.
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Schools Nearby
- 700mThe Grove Primary School
- 1.1kmSt Mary's Church of England Primary School
- 1.1kmBrownlow Primary School
- 1.0kmJohn Ferneley College
- 1.4kmLong Field Spencer Academy
- 14.1kmWreake Valley Academy
More reading links
Public Transport Nearby
From 31, The Crescent, Melton Mowbray, the nearest station is Melton Mowbray, 1.3 kilometres away.
- 1.3kmMelton Mowbray
- 15.3kmOakham
- 15.4kmSileby
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
