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5, Ash Close, Melton Mowbray is recorded publicly as a modern freehold house across 710 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, Ash Close, Melton Mowbray is £327,382 and its rental estimate is £1,106 per month, given the available information and assuming reasonable condition.
Ash Close, Stathern, Melton Mowbray, LE14 falls within the LE14 postal district, in the borough of Melton.
5, Ash Close, Melton Mowbray has a single entry in the Land Registry from March 2025 and a single entry in the EPC database dated February 2025.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 5, Ash Close, Melton Mowbray, we estimate a market value of £343,751 and a rental value of £1,161 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £304,465 and £1,028 per month respectively.
Over the last year, 5, Ash Close, Melton Mowbray has seen its estimated sale value decrease by £9,758 (3.0%) and its estimated rental value grow by £10 per month (0.9%). This results in an estimated gross rental yield of 4.1%.
5, Ash Close, Melton Mowbray has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 10 Feb 2025.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 5, Ash Close, Melton Mowbray completed on 28th March 2025 at £269,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 8.3% over the period since March 2025.
Over the past 2 years 3 properties similar to 5, Ash Close, Melton Mowbray have sold within a radius of 5.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2025, was 7, Ash Close, Melton Mowbray, LE14 4GL, a freehold house which sold for £269,995.
Read more about house prices in LE14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 7 addresses on Ash Close, Stathern, Melton Mowbray, LE14, 5, Ash Close, Melton Mowbray comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £60k less expensive than the average property across the LE14 district.
From 5, Ash Close, Melton Mowbray, the nearest station is Elton & Orston, 9.0 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Ash Close, Melton Mowbray, 50.0% of property is privately owned outright and 30.3% 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 5, Ash Close, Melton Mowbray, 15.1% of residents are recorded as possessing school level qualifications and 39.9% 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 5, Ash Close, Melton Mowbray, the average age was 46.5 and the most common age was 57.
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 5, Ash Close, Melton Mowbray, 1.0% 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 5, Ash Close, Melton Mowbray, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.