7, Severn Hill
7, Severn Hill
Description & Estimates
7, Severn Hill, Melton Mowbray appears in the public record as a freehold house sitting on a 582 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,371 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 7, Severn Hill, Melton Mowbray is £351,441 and its rental estimate is £1,192 per month, given the available information and assuming reasonable condition.
Severn Hill, Melton Mowbray, LE13 falls within the LE13 postal district, in the borough of Melton.
Our Data Sources
7, Severn Hill, Melton Mowbray has a single entry in the Land Registry from December 2009 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 2 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 7, Severn Hill, Melton Mowbray, we estimate a market value of £369,014 and a rental value of £1,251 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £326,841 and £1,108 per month respectively.
Recent Market Change
Over the last year, 7, Severn Hill, Melton Mowbray has seen its estimated sale value decline by £708 (0.2%) and its estimated rental value climb by £36 per month (3.0%). This results in an estimated gross rental yield of 4.1%.
Plot Size
HM Land Registry records the plot of land for 7, Severn Hill, Melton Mowbray as measuring 582 m2.
That makes it the 2nd largest plot in the postcode, where 15 of the 16 other houses have recorded plot data.
Sold Prices
The most recent sale of 7, Severn Hill, Melton Mowbray completed on 1st December 2009 at £165,000 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 68.7% over the period since December 2009.
- Sold Dec 2009£165,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Severn Hill, Melton Mowbray have sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th July 2024, was 14, Tamar Road, Melton Mowbray, LE13 0DR, a freehold house which sold for £330,000.
Read more about house prices in LE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 16 addresses on Severn Hill, Melton Mowbray, LE13, 7, Severn Hill, Melton Mowbray comes out as the largest and the most expensive in our analysis of the public data.
It is also £113k more expensive than the average property across the LE13 district.
More reading links
Schools Nearby
- 300mSwallowdale Primary School and Community Centre
- 500mSaint Francis Catholic Primary School
- 1.0kmSherard Primary School
- 1.0kmLong Field Spencer Academy
- 2.9kmJohn Ferneley College
- 13.3kmWreake Valley Academy
More reading links
Public Transport Nearby
From 7, Severn Hill, Melton Mowbray, the nearest station is Melton Mowbray, 700 metres away.
- 700mMelton Mowbray
- 14.0kmOakham
- 14.6kmSyston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
