53, Steeple Drive
53, Steeple Drive
Description & Estimates
According to the public record, 53, Steeple Drive, Melton Mowbray is a modern freehold house with 893 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 53, Steeple Drive, Melton Mowbray is £315,083 and the estimated rental value is £1,340 per month.
Steeple Drive, Brooksby, Melton Mowbray, LE14 is located in the borough of Melton within the LE14 postal district.
Our Data Sources
53, Steeple Drive, Melton Mowbray has a single entry in the Land Registry from March 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 53, Steeple Drive, Melton Mowbray is in very good condition we estimate a sale value of £330,837 and a rental value of £1,407 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,027 and a rental value of £1,246 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 53, Steeple Drive, Melton Mowbray has moved down by £8,849 (2.8%), while its estimated rental value has increased by £13 per month (0.9%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Energy Efficiency
53, Steeple Drive, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 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
According to HM Land Registry, 53, Steeple Drive, Melton Mowbray was last sold on 28th March 2024 for £300,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2024, the market for similar properties has risen by 0.5%.
- Sold Mar 2024£300,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Steeple Drive, Melton Mowbray within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 51, Steeple Drive, Melton Mowbray, LE14 2DA, a freehold house which sold for £305,000 on the 7th June 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
Steeple Drive, Brooksby, Melton Mowbray, LE14 has a total of 40 addresses. According to our analysis of all the public data, 53, Steeple Drive, Melton Mowbray is the 28th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £72k less expensive than the average property in LE14.
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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
The closest station to 53, Steeple Drive, Melton Mowbray is Syston station, which is 7.1 kilometres away.
- 7.1kmSyston
- 7.3kmSileby
- 8.3kmMelton Mowbray
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
