Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
Public records show 4, Otter Road, Melton Mowbray to be a modern freehold house with 1,474 ft2 of internal area, sitting on a 426 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
4, Otter Road, Melton Mowbray has an estimated sale value of £361,199 and an estimated rental value of £1,218 per month, assuming reasonable condition and based on the information available.
Otter Road, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
4, Otter Road, Melton Mowbray has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated November 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate 4, Otter Road, Melton Mowbray would be worth £379,259, with a potential rental value of £1,279 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £335,915, with a rental value of £1,133 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 4, Otter Road, Melton Mowbray has moved down by £728 (0.2%) over the last year. During the same period, its estimated monthly rental value has increased by £37 (3.0%). The property's estimated gross yield is currently 4.0%.
4, Otter Road, Melton Mowbray occupies a 426 m2 plot as recorded by HM Land Registry.
All 9 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
4, Otter Road, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Nov 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
4, Otter Road, Melton Mowbray last changed hands on 15th December 2017, selling for £319,950. 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 51.0% since December 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 810 metres of 4, Otter Road, Melton Mowbray across the last 2 years.
Most recently, 44, Davenport Close, Melton Mowbray, LE13 0XU, a freehold house, sold at £389,950 on the 16th August 2024.
Read more about house prices in LE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 4, Otter Road, Melton Mowbray as the 2nd largest and the 2nd most expensive of the 9 addresses on Otter Road, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £123k more expensive than the typical property.
Melton Mowbray station is the nearest stop to 4, Otter Road, Melton Mowbray at 1.3 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Otter Road, Melton Mowbray, 46.0% of property is socially rented and 27.8% 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 4, Otter Road, Melton Mowbray, 24.6% of residents are recorded as possessing school level qualifications and 26.6% 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 4, Otter Road, 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 4, Otter Road, Melton Mowbray, 0.0% 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 4, Otter Road, Melton Mowbray, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
