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According to the public record, 7, Lander Close, Melton Mowbray is a modern freehold house with 1,334 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Lander Close, Melton Mowbray is £338,289 and the estimated rental value is £1,252 per month.
Lander Close, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
7, Lander Close, Melton Mowbray has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 7, Lander Close, Melton Mowbray is in very good condition we estimate a sale value of £355,203 and a rental value of £1,314 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £314,608 and a rental value of £1,164 per month.
Over the last 12 months the sale value of 7 Lander Close Melton Mowbray has decreased by an estimated £682 (0.2%) and its rental value has increased by an estimated £38 per month (3.0%), giving an expected gross yield of 4.4%.
7, Lander Close, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Feb 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Lander Close, Melton Mowbray was last sold on 28th February 2023 for £386,050 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2023, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Lander Close, Melton Mowbray within a radius of 660 metres over the last 2 years.
The most recent example is 8, Lander Close, Melton Mowbray, LE13 0XS, a freehold house which sold for £330,950 on the 7th March 2024.
Read more about house prices in LE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lander Close, Melton Mowbray, LE13 has a total of 23 addresses. According to our analysis of all the public data, 7, Lander Close, Melton Mowbray is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £100k more expensive than the average property in LE13.
The closest station to 7, Lander Close, Melton Mowbray is Melton Mowbray station which is 1.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Lander Close, Melton Mowbray, 45.7% of property is privately owned outright and 36.3% 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 7, Lander Close, Melton Mowbray, 17.7% of residents are recorded as possessing school level qualifications and 30.7% 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 7, Lander Close, 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 7, Lander Close, Melton Mowbray, 0.4% 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 7, Lander Close, 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.