59, Steeple Drive
59, Steeple Drive
Description & Estimates
59, Steeple Drive, Melton Mowbray is recorded publicly as a modern freehold house across 1,474 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 59, Steeple Drive, Melton Mowbray is £419,940 and its rental estimate is £1,576 per month, given the available information and assuming reasonable condition.
Steeple Drive, Brooksby, Melton Mowbray, LE14 falls within the LE14 postal district, in the borough of Melton.
Our Data Sources
59, Steeple Drive, Melton Mowbray has a single entry in the Land Registry from May 2024 and a single entry in the EPC database dated April 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
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 59, Steeple Drive, Melton Mowbray, we estimate a market value of £440,937 and a rental value of £1,655 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £390,544 and £1,466 per month respectively.
Recent Market Change
Over the last year, 59, Steeple Drive, Melton Mowbray has seen its estimated sale value decrease by £6,721 (1.6%) and its estimated rental value grow by £28 per month (1.8%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
59, Steeple Drive, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Apr 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
The most recent sale of 59, Steeple Drive, Melton Mowbray completed on 17th May 2024 at £465,000 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 risen by 0.7% over the period since May 2024.
- Sold May 2024£465,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 59, Steeple Drive, Melton Mowbray have sold within a radius of 3.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th April 2024, was 49, Steeple Drive, Melton Mowbray, LE14 2DA, a freehold house which sold for £460,000.
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
Of the 40 addresses on Steeple Drive, Brooksby, Melton Mowbray, LE14, 59, Steeple Drive, Melton Mowbray comes out as the 7th largest and the 4th most expensive in our analysis of the public data.
It is also £33k more expensive than the average property across the LE14 district.
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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
More reading links
Public Transport Nearby
From 59, Steeple Drive, Melton Mowbray, the nearest station is Syston, 7.1 kilometres away.
- 7.1kmSyston
- 7.3kmSileby
- 8.3kmMelton Mowbray
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
