49, Steeple Drive
49, Steeple Drive
Description & Estimates
Public records show 49, Steeple Drive, Melton Mowbray to be a modern freehold house with 1,539 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
49, Steeple Drive, Melton Mowbray has an estimated sale value of £429,727 and an estimated rental value of £1,586 per month, assuming reasonable condition and based on the information available.
Steeple Drive, Brooksby, Melton Mowbray, LE14 lies in the borough of Melton, within the LE14 postal district.
Our Data Sources
49, Steeple Drive, Melton Mowbray has a single entry in the Land Registry from April 2024 and a single entry in the EPC database dated February 2024.
We combine this information with that 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
In very good condition, we estimate 49, Steeple Drive, Melton Mowbray would be worth £451,214, with a potential rental value of £1,665 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £399,646, with a rental value of £1,475 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 49, Steeple Drive, Melton Mowbray has declined by £6,877 (1.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £28 (1.8%). The property's estimated gross yield is currently 4.4%.
Energy Efficiency
49, Steeple Drive, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Feb 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Sold Prices
49, Steeple Drive, Melton Mowbray last changed hands on 26th April 2024, selling for £460,000. 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 1.0% since April 2024.
- Sold Apr 2024£460,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.9 kilometres of 49, Steeple Drive, Melton Mowbray across the last 2 years.
Most recently, 3, Greenhouse Road, Melton Mowbray, LE14 2DB, a freehold house, sold at £475,000 on the 29th November 2024.
Read more about house prices in LE14.
•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 49, Steeple Drive, Melton Mowbray as the 3rd largest and the 2nd most expensive of the 40 addresses on Steeple Drive, Brooksby, Melton Mowbray, LE14.
Against the LE14 postcode district average, it is £43k more expensive than the typical property.
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Schools Nearby
- 2.5kmThrussington Church of England Primary School
- 2.6kmSt Michael & All Angels Church of England Primary School
- 2.6kmFrisby Church of England Primary School
- 5.7kmWreake Valley Academy
- 7.3kmLong Field Spencer Academy
- 8.1kmThe Roundhill Academy
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Public Transport Nearby
Syston station is the nearest stop to 49, Steeple Drive, Melton Mowbray at 7.1 kilometres away.
- 7.1kmSyston
- 7.3kmSileby
- 8.3kmMelton Mowbray
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
