Our Data Sources
7, Lake Terrace, Melton Mowbray has 31 entries in the Land Registry , most recently in June 2023 and a single entry in the EPC database dated March 2023.
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 7, Lake Terrace, Melton Mowbray, we estimate a market value of £184,235 and a rental value of £877 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £163,180 and £777 per month respectively.
Plot Size
HM Land Registry records the plot of land for 7, Lake Terrace, Melton Mowbray as measuring 231 m2.
That makes it the 4th largest plot in the postcode, where 36 of the 50 other houses have recorded plot data.
Energy Efficiency
7, Lake Terrace, Melton Mowbray has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Mar 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Lake Terrace, Melton Mowbray completed on 16th June 2023 at £168,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 3.5% over the period since June 2023.
- Sold Jun 2023£168,000
- Sold Jul 2007£123,000
- Sold Oct 2000£46,000
Similar Properties Sold Nearby
Over the past 2 years 131 properties similar to 7, Lake Terrace, Melton Mowbray have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th July 2024, was 37, Lake Terrace, Melton Mowbray, LE13 0BZ, a freehold house which sold for £185,000.
Read more about house prices in LE13.
- Sold Jul 2024£185,000 | 3 Bed House37, Lake Terrace, Melton Mowbray, LE13 0BZ37, Lake Terrace, Melton Mowbray, LE13 0BZ
- Sold May 2023£135,000 | 3 Bed House11, Lake Terrace, Melton Mowbray, LE13 0BZ11, Lake Terrace, Melton Mowbray, LE13 0BZ
- Sold Jul 2015£114,000 | 3 Bed House27, Lake Terrace, Melton Mowbray, LE13 0BZ27, Lake Terrace, Melton Mowbray, LE13 0BZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 51 addresses on Lake Terrace, Melton Mowbray, LE13, 7, Lake Terrace, Melton Mowbray comes out as the 10th largest and the 8th most expensive in our analysis of the public data.
It is also £62k less expensive than the average property across the LE13 district.
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Schools Nearby
- The Grove Primary School600 m away
- Saint Francis Catholic Primary School700 m away
- Swallowdale Primary School and Community Centre1.2 km away
- Long Field Spencer Academy200 m away
- John Ferneley College2.3 km away
- Wreake Valley Academy13.1 km away
More reading links
Public Transport Nearby
- Melton Mowbray|900 m away
- Syston|14.4 km away
- Sileby|14.6 km away
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast Broadband is available in the area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
