4, Elgin Drive
4, Elgin Drive
Description & Estimates
Public records show 4, Elgin Drive, Melton Mowbray to be a mid-century freehold house with 751 ft2 of internal area, sitting on a 308 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, Elgin Drive, Melton Mowbray has an estimated sale value of £231,755 and an estimated rental value of £932 per month, assuming reasonable condition and based on the information available.
Elgin Drive, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
Our Data Sources
4, Elgin Drive, Melton Mowbray has a single entry in the Land Registry from March 2009 and a single entry in the EPC database dated December 2008.
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, Elgin Drive, Melton Mowbray would be worth £243,343, with a potential rental value of £979 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £215,532, with a rental value of £867 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, Elgin Drive, Melton Mowbray has moved down by £4,212 (1.8%) over the last year. During the same period, its estimated monthly rental value has increased by £12 (1.3%). The property's estimated gross yield is currently 4.8%.
Plot Size
4, Elgin Drive, Melton Mowbray occupies a 308 m2 plot as recorded by HM Land Registry.
All 35 other houses in this postcode have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
4, Elgin Drive, Melton Mowbray has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Dec 2008.
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, Elgin Drive, Melton Mowbray last changed hands on 27th March 2009, selling for £170,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 42.6% since March 2009.
- Sold Mar 2009£170,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 590 metres of 4, Elgin Drive, Melton Mowbray across the last 2 years.
Most recently, 31, Elgin Drive, Melton Mowbray, LE13 1TF, a freehold house, sold at £237,000 on the 23rd June 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, Elgin Drive, Melton Mowbray as the 35th largest and the 36th most expensive of the 60 addresses on Elgin Drive, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £6k less expensive than the typical property.
More reading links
Schools Nearby
- 700mBrownlow Primary School
- 700mThe Grove Primary School
- 1.1kmSaint Francis Catholic Primary School
- 1.3kmJohn Ferneley College
- 1.4kmLong Field Spencer Academy
- 14.3kmWreake Valley Academy
More reading links
Public Transport Nearby
Melton Mowbray station is the nearest stop to 4, Elgin Drive, Melton Mowbray at 900 metres away.
- 900mMelton Mowbray
- 14.8kmOakham
- 15.6kmSyston
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.
