6, Hedgerow Close
6, Hedgerow Close
Description & Estimates
6, Hedgerow Close, 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 903 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 6, Hedgerow Close, Melton Mowbray is £248,982 and its rental estimate is £1,208 per month, given the available information and assuming reasonable condition.
Hedgerow Close, Old Dalby, Melton Mowbray, LE14 falls within the LE14 postal district, in the borough of Melton.
Our Data Sources
6, Hedgerow Close, Melton Mowbray has a single entry in the Land Registry from September 2021 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 3 out of 5 and is considered of medium 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 6, Hedgerow Close, Melton Mowbray, we estimate a market value of £261,431 and a rental value of £1,268 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £231,554 and £1,123 per month respectively.
Recent Market Change
Over the last year, 6, Hedgerow Close, Melton Mowbray has seen its estimated sale value decline by £6,993 (2.8%) and its estimated rental value climb by £11 per month (0.9%). This results in an estimated gross rental yield of 5.8%.
Sold Prices
The most recent sale of 6, Hedgerow Close, Melton Mowbray completed on 2nd September 2021 at £182,875 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 30.3% over the period since September 2021.
- Sold Sep 2021£182,875
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, Hedgerow Close, Melton Mowbray have sold within a radius of 5.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th July 2024, was 12, Hedgerow Close, Melton Mowbray, LE14 3JS, a freehold house which sold for £157,850.
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 17 addresses on Hedgerow Close, Old Dalby, Melton Mowbray, LE14, 6, Hedgerow Close, Melton Mowbray comes out as the 8th largest and the 8th most expensive in our analysis of the public data.
It is also £138k less expensive than the average property across the LE14 district.
More reading links
Schools Nearby
- 200mOld Dalby Church of England Primary School
- 4.1kmWilloughby Primary School
- 5.0kmAb Kettleby Primary School
- 8.4kmJohn Ferneley College
- 8.8kmLong Field Spencer Academy
- 9.0kmThe South Wolds Academy & Sixth Form
More reading links
Public Transport Nearby
From 6, Hedgerow Close, Melton Mowbray, the nearest station is Melton Mowbray, 9.6 kilometres away.
- 9.6kmMelton Mowbray
- 11.4kmSileby
- 11.9kmBarrow-upon-Soar
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
