41, Princess Drive
41, Princess Drive
Description & Estimates
The public record describes 41, Princess Drive, Melton Mowbray as an early-century house with 1,356 ft2 of internal area, sitting on a 282 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
41, Princess Drive, Melton Mowbray has an estimated sale value of £230,030 and an estimated rental value of £1,018 per month, assuming reasonable condition and based on the information available.
Princess Drive, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
Our Data Sources
41, Princess Drive, Melton Mowbray has no records in the the Land Registry and a single entry in the EPC database dated January 2015.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 41, Princess Drive, Melton Mowbray would be worth £241,531, with a potential rental value of £1,069 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £213,927, with a rental value of £947 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 41, Princess Drive, Melton Mowbray has fallen by £463 (0.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £31 (3.0%). The property's estimated gross yield is currently 5.3%.
Plot Size
41, Princess Drive, Melton Mowbray occupies a 282 m2 plot as recorded by HM Land Registry.
Of the 54 other houses in this postcode, 39 have recorded plot sizes, and this one ranks as the 21st largest.
Energy Efficiency
41, Princess Drive, Melton Mowbray has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Jan 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 790 metres of 41, Princess Drive, Melton Mowbray across the last 2 years.
Most recently, 39, Princess Drive, Melton Mowbray, LE13 0DJ, a freehold house, sold at £204,000 on the 16th February 2023.
Read more about house prices in LE13.
- Sold Feb 2023£204,000 | 4 Bed House39, Princess Drive, Melton Mowbray, LE13 0DJ39, Princess Drive, Melton Mowbray, LE13 0DJ
- Sold Nov 2020£190,000 | 4 Bed House31, Valley Road, Melton Mowbray, LE13 0DU31, Valley Road, Melton Mowbray, LE13 0DU
- Sold Jan 2018£147,000 | 4 Bed House18, Brownlow Crescent, Melton Mowbray, LE13 0QS18, Brownlow Crescent, Melton Mowbray, LE13 0QS
•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 41, Princess Drive, Melton Mowbray as the largest and the most expensive of the 99 addresses on Princess Drive, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £8k less expensive than the typical property.
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Schools Nearby
- 300mSwallowdale Primary School and Community Centre
- 1.1kmSaint Francis Catholic Primary School
- 1.1kmSherard Primary School
- 1.5kmLong Field Spencer Academy
- 3.5kmJohn Ferneley College
- 13.2kmWreake Valley Academy
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Public Transport Nearby
Melton Mowbray station is the nearest stop to 41, Princess Drive, Melton Mowbray at 1.2 kilometres away.
- 1.2kmMelton Mowbray
- 13.5kmOakham
- 14.4kmSyston
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.
