8, Austen Drive
8, Austen Drive
Description & Estimates
According to the public record, 8, Austen Drive, Melton Mowbray is a modern freehold house with 1,431 ft2 of internal area and sits on a 313 m2 plot.
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 8, Austen Drive, Melton Mowbray is £347,535 and the estimated rental value is £1,228 per month.
Austen Drive, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
Our Data Sources
8, Austen Drive, Melton Mowbray has a single entry in the Land Registry from March 2020 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 8, Austen Drive, Melton Mowbray is in very good condition we estimate a sale value of £364,911 and a rental value of £1,289 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,207 and a rental value of £1,142 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Austen Drive, Melton Mowbray has moved down by £700 (0.2%), while its estimated rental value has increased by £37 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 4.2%.
Plot Size
According to data from HM Land Registry, 8, Austen Drive, Melton Mowbray sits on a plot of 313 m2.
We have plot size data on 13 out of 21 other houses in the postcode and 8, Austen Drive, Melton Mowbray sits on the 6th largest plot.
Energy Efficiency
8, Austen Drive, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Jan 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 8, Austen Drive, Melton Mowbray was last sold on 26th March 2020 for £365,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2020, the market for similar properties has risen by 16.8%.
- Sold Mar 2020£365,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Austen Drive, Melton Mowbray within a radius of 720 metres over the last 2 years.
The most recent example is 40, Kipling Drive, Melton Mowbray, LE13 1LW, a freehold house which sold for £345,000 on the 9th August 2024.
Read more about house prices in LE13.
- Sold Aug 2024£345,000 | 4 Bed HouseKipling Drive40, Kipling Drive, Melton Mowbray, LE13 1LW
- Sold Dec 2020£359,995 | 4 Bed HouseShakespeare Gardens31, Shakespeare Gardens, Melton Mowbray, LE13 0RL
- Sold Oct 2020£369,995 | 4 Bed HouseShakespeare Gardens33, Shakespeare Gardens, Melton Mowbray, LE13 0RL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Austen Drive, Melton Mowbray, LE13 has a total of 21 addresses. According to our analysis of all the public data, 8, Austen Drive, Melton Mowbray is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £109k more expensive than the average property in LE13.
More reading links
Schools Nearby
- 300mSt Mary's Church of England Primary School
- 1.4kmThe Grove Primary School
- 1.8kmBrownlow Primary School
- 700mJohn Ferneley College
- 2.1kmLong Field Spencer Academy
- 14.3kmWreake Valley Academy
More reading links
Public Transport Nearby
The closest station to 8, Austen Drive, Melton Mowbray is Melton Mowbray station, which is 2.2 kilometres away.
- 2.2kmMelton Mowbray
- 15.3kmSileby
- 15.6kmSyston
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
