8, Alfred Close
8, Alfred Close
Description & Estimates
8, Alfred Close, Melton Mowbray is recorded publicly as a modern freehold house across 2,034 ft2 of internal area, sitting on a 558 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 8, Alfred Close, Melton Mowbray is £524,656 and its rental estimate is £1,355 per month, given the available information and assuming reasonable condition.
Alfred Close, Melton Mowbray, LE13 falls within the LE13 postal district, in the borough of Melton.
Our Data Sources
8, Alfred Close, Melton Mowbray has a single entry in the Land Registry from February 2020 and a single entry in the EPC database dated December 2019.
We combine this information with that of neighbouring properties to estimate the property 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 8, Alfred Close, Melton Mowbray, we estimate a market value of £550,888 and a rental value of £1,423 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £487,930 and £1,260 per month respectively.
Recent Market Change
Over the last year, 8, Alfred Close, Melton Mowbray has seen its estimated sale value drop by £2,708 (0.5%) and its estimated rental value rise by £39 per month (2.9%). This results in an estimated gross rental yield of 3.1%.
Plot Size
HM Land Registry records the plot of land for 8, Alfred Close, Melton Mowbray as measuring 558 m2.
That makes it the largest plot in the postcode, where all 9 other houses have recorded plot data.
Energy Efficiency
8, Alfred Close, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Dec 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Alfred Close, Melton Mowbray completed on 11th February 2020 at £507,000 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 dropped by 2.0% over the period since February 2020.
- Sold Feb 2020£507,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Alfred Close, Melton Mowbray have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th September 2023, was 19, Kennelmore Road, Melton Mowbray, LE13 0RT, a freehold house which sold for £560,000.
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 9 addresses on Alfred Close, Melton Mowbray, LE13, 8, Alfred Close, Melton Mowbray comes out as the 5th largest and the 4th most expensive in our analysis of the public data.
It is also £286k more expensive than the average property across the LE13 district.
More reading links
Schools Nearby
- 100mSaint Francis Catholic Primary School
- 800mSwallowdale Primary School and Community Centre
- 900mThe Grove Primary School
- 900mLong Field Spencer Academy
- 2.4kmJohn Ferneley College
- 13.6kmWreake Valley Academy
More reading links
Public Transport Nearby
From 8, Alfred Close, Melton Mowbray, the nearest station is Melton Mowbray, 200 metres away.
- 200mMelton Mowbray
- 14.2kmOakham
- 15.0kmSyston
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
