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34, Bailey Crescent, Melton Mowbray is described in the public record as a modern house with 1,485 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 34, Bailey Crescent, Melton Mowbray is £332,201 and its rental estimate is £1,272 per month, given the available information and assuming reasonable condition.
Bailey Crescent, Melton Mowbray, LE13 falls within the LE13 postal district, in the borough of Melton.
34, Bailey Crescent, Melton Mowbray has no records in the the Land Registry and a single entry in the EPC database dated December 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 34, Bailey Crescent, Melton Mowbray, we estimate a market value of £348,811 and a rental value of £1,336 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £308,947 and £1,183 per month respectively.
Over the last year, 34, Bailey Crescent, Melton Mowbray has seen its estimated sale value move down by £669 (0.2%) and its estimated rental value increase by £39 per month (3.0%). This results in an estimated gross rental yield of 4.6%.
34, Bailey Crescent, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Dec 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 34, Bailey Crescent, Melton Mowbray have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th October 2022, was 3, Casterton Road, Melton Mowbray, LE13 0XZ, a freehold house which sold for £387,000.
Read more about house prices in LE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 19 addresses on Bailey Crescent, Melton Mowbray, LE13, 34, Bailey Crescent, Melton Mowbray comes out as the largest and the most expensive in our analysis of the public data.
It is also £94k more expensive than the average property across the LE13 district.
From 34, Bailey Crescent, Melton Mowbray, the nearest station is Melton Mowbray, 1.4 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 34, Bailey Crescent, Melton Mowbray, 45.7% of property is privately owned outright and 36.3% 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 34, Bailey Crescent, Melton Mowbray, 17.7% of residents are recorded as possessing school level qualifications and 30.7% 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 34, Bailey Crescent, Melton Mowbray, the average age was 40.8 and the most common age was 32.
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 34, Bailey Crescent, Melton Mowbray, 0.4% 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 34, Bailey Crescent, Melton Mowbray, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.