7, Steeple Drive
7, Steeple Drive
Description & Estimates
7, Steeple Drive, Melton Mowbray is described in the public record as a modern house with 1,291 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 7, Steeple Drive, Melton Mowbray is £384,136 and its rental estimate is £1,485 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
7, Steeple Drive, Melton Mowbray has no records in the the Land Registry and a single entry in the EPC database dated September 2022.
We combine this information with public data 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, Steeple Drive, Melton Mowbray, we estimate a market value of £403,342 and a rental value of £1,559 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £357,246 and £1,381 per month respectively.
Recent Market Change
Over the last year, 7, Steeple Drive, Melton Mowbray has seen its estimated sale value decrease by £10,789 (2.8%) and its estimated rental value grow by £14 per month (0.9%). This results in an estimated gross rental yield of 4.6%.
Energy Efficiency
7, Steeple Drive, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, 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 January 2024, was 10, Steeple Drive, Melton Mowbray, LE14 2DA, a freehold house which sold for £415,000.
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, 7, Steeple Drive, Melton Mowbray comes out as the 14th largest and the 13th most expensive in our analysis of the public data.
It is also £3k less 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
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Public Transport Nearby
From 7, 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.
