4, The Drive
4, The Drive
Description & Estimates
Public records show 4, The Drive, Melton Mowbray to be a mid-century freehold house with 1,087 ft2 of internal area, sitting on a 287 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, The Drive, Melton Mowbray has an estimated sale value of £256,139 and an estimated rental value of £1,056 per month, assuming reasonable condition and based on the information available.
The Drive, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
Our Data Sources
4, The Drive, Melton Mowbray has a single entry in the Land Registry from January 2021 and a single entry in the EPC database dated October 2020.
We combine this information with that 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
In very good condition, we estimate 4, The Drive, Melton Mowbray would be worth £268,946, with a potential rental value of £1,108 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £238,210, with a rental value of £982 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, The Drive, Melton Mowbray has moved down by £4,655 (1.8%) over the last year. During the same period, its estimated monthly rental value has increased by £14 (1.3%). The property's estimated gross yield is currently 4.9%.
Plot Size
4, The Drive, Melton Mowbray occupies a 287 m2 plot as recorded by HM Land Registry.
Of the 11 other houses in this postcode, 9 have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
4, The Drive, Melton Mowbray has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Oct 2020.
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, The Drive, Melton Mowbray last changed hands on 29th January 2021, selling for £220,000. 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 24.8% since January 2021.
- Sold Jan 2021£220,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of 4, The Drive, Melton Mowbray across the last 2 years.
Most recently, 7, The Drive, Melton Mowbray, LE13 0BT, a freehold house, sold at £375,000 on the 24th February 2026.
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, The Drive, Melton Mowbray as the 9th largest and the 10th most expensive of the 11 addresses on The Drive, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £18k more expensive than the typical property.
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Schools Nearby
- 200mSaint Francis Catholic Primary School
- 700mSwallowdale Primary School and Community Centre
- 900mSherard Primary School
- 900mLong Field Spencer Academy
- 2.5kmJohn Ferneley College
- 13.6kmWreake Valley Academy
More reading links
Public Transport Nearby
Melton Mowbray station is the nearest stop to 4, The Drive, Melton Mowbray at 300 metres away.
- 300mMelton Mowbray
- 14.1kmOakham
- 14.9kmSyston
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.
