4, Gilbey Close
4, Gilbey Close
Description & Estimates
4, Gilbey Close, Melton Mowbray is described in the public record as a modern apartment with 527 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4, Gilbey Close, Melton Mowbray is £121,550 and its rental estimate is £575 per month, given the available information and assuming reasonable condition.
Gilbey Close, Melton Mowbray, LE13 falls within the LE13 postal district, in the borough of Melton.
Our Data Sources
4, Gilbey Close, Melton Mowbray has no records in the the Land Registry and a single entry in the EPC database dated October 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 4, Gilbey Close, Melton Mowbray, we estimate a market value of £127,627 and a rental value of £604 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £113,041 and £535 per month respectively.
Recent Market Change
Over the last year, 4, Gilbey Close, Melton Mowbray has seen its estimated sale value climb by £892 (0.7%) and its estimated rental value rise by £23 per month (3.9%). This results in an estimated gross rental yield of 5.7%.
Energy Efficiency
4, Gilbey Close, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Oct 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Gilbey Close, Melton Mowbray have sold within a radius of 970 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th December 2023, was 9, Dakota Drive, Melton Mowbray, LE13 0XJ, a leasehold flat which sold for £481,838.
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 18 addresses on Gilbey Close, Melton Mowbray, LE13, 4, Gilbey Close, Melton Mowbray comes out as the 18th largest and the 18th most expensive in our analysis of the public data.
It is also £117k less expensive than the average property across the LE13 district.
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Schools Nearby
- 1.0kmSwallowdale Primary School and Community Centre
- 1.3kmSaint Francis Catholic Primary School
- 1.6kmThe Grove Primary School
- 900mLong Field Spencer Academy
- 3.3kmJohn Ferneley College
- 12.3kmWreake Valley Academy
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Public Transport Nearby
From 4, Gilbey Close, Melton Mowbray, the nearest station is Melton Mowbray, 1.6 kilometres away.
- 1.6kmMelton Mowbray
- 13.6kmSyston
- 14.0kmSileby
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
