47, Princess Drive
47, Princess Drive
Description & Estimates
47, Princess Drive, Melton Mowbray is described in the public record as a mid-century house with 796 ft2 of internal area, sitting on a 210 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 47, Princess Drive, Melton Mowbray is £147,950 and its rental estimate is £735 per month, given the available information and assuming reasonable condition.
Princess Drive, Melton Mowbray, LE13 falls within the LE13 postal district, in the borough of Melton.
Our Data Sources
47, Princess Drive, Melton Mowbray has no records in the the Land Registry and a single entry in the EPC database dated January 2014.
We combine this information with public data 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
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 47, Princess Drive, Melton Mowbray, we estimate a market value of £155,348 and a rental value of £772 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £137,594 and £684 per month respectively.
Recent Market Change
Over the last year, 47, Princess Drive, Melton Mowbray has seen its estimated sale value decline by £2,689 (1.8%) and its estimated rental value climb by £10 per month (1.3%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 47, Princess Drive, Melton Mowbray as measuring 210 m2.
That makes it the 18th largest plot in the postcode, where 30 of the 45 other houses have recorded plot data.
Energy Efficiency
47, Princess Drive, Melton Mowbray has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 47, Princess Drive, Melton Mowbray have sold within a radius of 790 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd February 2024, was 84, Princess Drive, Melton Mowbray, LE13 0DL, a freehold house which sold for £155,000.
Read more about house prices in LE13.
- Sold Feb 2024£155,000 | 3 Bed House84, Princess Drive, Melton Mowbray, LE13 0DL84, Princess Drive, Melton Mowbray, LE13 0DL
- Sold Sep 2023£150,000 | 3 Bed House67, Princess Drive, Melton Mowbray, LE13 0DL67, Princess Drive, Melton Mowbray, LE13 0DL
- Sold Aug 2023£167,000 | 3 Bed House48, Queensway, Melton Mowbray, LE13 0DN48, Queensway, Melton Mowbray, LE13 0DN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 99 addresses on Princess Drive, Melton Mowbray, LE13, 47, Princess Drive, Melton Mowbray comes out as the 68th largest and the 81st most expensive in our analysis of the public data.
It is also £90k less expensive than the average property across the LE13 district.
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Schools Nearby
- 500mSwallowdale Primary School and Community Centre
- 1.0kmSherard Primary School
- 1.2kmSaint Francis Catholic Primary School
- 1.6kmLong Field Spencer Academy
- 3.5kmJohn Ferneley College
- 13.1kmCatmose College
More reading links
Public Transport Nearby
From 47, Princess Drive, Melton Mowbray, the nearest station is Melton Mowbray, 1.2 kilometres away.
- 1.2kmMelton Mowbray
- 13.3kmOakham
- 14.6kmSyston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
