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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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5, Cedar Drive, Melton Mowbray appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 1,361 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 5, Cedar Drive, Melton Mowbray is £341,386 and its rental estimate is £1,157 per month, given the available information and assuming reasonable condition.
Cedar Drive, Melton Mowbray, LE13 falls within the LE13 postal district, in the borough of Melton.
5, Cedar Drive, Melton Mowbray has 21 entries in the Land Registry , most recently in September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Cedar Drive, Melton Mowbray, we estimate a market value of £358,456 and a rental value of £1,215 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £317,489 and £1,076 per month respectively.
Over the last year, 5, Cedar Drive, Melton Mowbray has seen its estimated sale value decline by £688 (0.2%) and its estimated rental value climb by £35 per month (3.0%). This results in an estimated gross rental yield of 4.1%.
The most recent sale of 5, Cedar Drive, Melton Mowbray completed on 3rd September 2007 at £237,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 67.5% over the period since September 2007.
Over the past 2 years 3 properties similar to 5, Cedar Drive, Melton Mowbray have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th February 2025, was 26, The Crescent, Melton Mowbray, LE13 0NF, a freehold house which sold for £315,000.
Read more about house prices in LE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 27 addresses on Cedar Drive, Melton Mowbray, LE13, 5, Cedar Drive, Melton Mowbray comes out as the 3rd largest and the 4th most expensive in our analysis of the public data.
It is also £103k more expensive than the average property across the LE13 district.
From 5, Cedar Drive, Melton Mowbray, the nearest station is Melton Mowbray, 1.4 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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, Cedar Drive, Melton Mowbray, 41.9% of property is privately owned outright and 38.2% 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, Cedar Drive, Melton Mowbray, 21.2% of residents are recorded as possessing school level qualifications and 20.7% 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, Cedar Drive, Melton Mowbray, the average age was 40.8 and the most common age was 32.
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, Cedar Drive, Melton Mowbray, 1.7% 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, Cedar Drive, Melton Mowbray, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
