4, Derwent Drive
4, Derwent Drive
Description & Estimates
Public records show 4, Derwent Drive, Melton Mowbray to be a mid-century freehold house with 957 ft2 of internal area, sitting on a 309 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, Derwent Drive, Melton Mowbray has an estimated sale value of £260,816 and an estimated rental value of £1,023 per month, assuming reasonable condition and based on the information available.
Derwent Drive, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
Our Data Sources
4, Derwent Drive, Melton Mowbray has 2 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated March 2021.
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
In very good condition, we estimate 4, Derwent Drive, Melton Mowbray would be worth £273,857, with a potential rental value of £1,074 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £242,559, with a rental value of £951 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 4, Derwent Drive, Melton Mowbray has decreased by £4,740 (1.8%) over the last year. During the same period, its estimated monthly rental value has grown by £13 (1.3%). The property's estimated gross yield is currently 4.7%.
Plot Size
4, Derwent Drive, Melton Mowbray occupies a 309 m2 plot as recorded by HM Land Registry.
Of the 21 other houses in this postcode, 19 have recorded plot sizes, and this one ranks as the 14th largest.
Energy Efficiency
4, Derwent Drive, Melton Mowbray has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
4, Derwent Drive, Melton Mowbray last changed hands on 5th July 2024, selling for £267,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 18.6% since July 2024.
- Sold Jul 2024£267,000
- Sold Jun 2021£220,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 570 metres of 4, Derwent Drive, Melton Mowbray across the last 2 years.
Most recently, 10, Witham Close, Melton Mowbray, LE13 0EA, a freehold house, sold at £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
Our analysis of the public data ranks 4, Derwent Drive, Melton Mowbray as the 12th largest and the 12th most expensive of the 21 addresses on Derwent Drive, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £23k more expensive than the typical property.
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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
Melton Mowbray station is the nearest stop to 4, Derwent Drive, Melton Mowbray at 600 metres away.
- 600mMelton Mowbray
- 14.1kmOakham
- 14.6kmSyston
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
