8, Cygnet Close
8, Cygnet Close
Description & Estimates
According to the public record, 8, Cygnet Close, Melton Mowbray is a modern freehold house with 850 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Cygnet Close, Melton Mowbray is £269,453 and the estimated rental value is £1,025 per month.
Cygnet Close, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
Our Data Sources
8, Cygnet Close, Melton Mowbray has a single entry in the Land Registry from March 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.
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, Cygnet Close, Melton Mowbray is in very good condition we estimate a sale value of £282,926 and a rental value of £1,076 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,591 and a rental value of £953 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Cygnet Close, Melton Mowbray has fallen by £4,897 (1.8%), while its estimated rental value has moved up by £13 per month (1.3%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Energy Efficiency
8, Cygnet 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.
Sold Prices
According to HM Land Registry, 8, Cygnet Close, Melton Mowbray was last sold on 31st March 2023 for £260,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has dropped by 21.8%.
- Sold Mar 2023£260,000
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, Cygnet Close, Melton Mowbray within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 4, Cygnet Close, Melton Mowbray, LE13 1FQ, a freehold house which sold for £250,239 on the 31st March 2023.
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
Cygnet Close, Melton Mowbray, LE13 has a total of 19 addresses. According to our analysis of all the public data, 8, Cygnet Close, Melton Mowbray is the 16th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in LE13.
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Schools Nearby
- 1.1kmBrownlow Primary School
- 2.2kmSt Mary's Church of England Primary School
- 2.2kmThe Grove Primary School
- 1.3kmJohn Ferneley College
- 2.9kmLong Field Spencer Academy
- 14.6kmCatmose College
More reading links
Public Transport Nearby
The closest station to 8, Cygnet Close, Melton Mowbray is Melton Mowbray station, which is 2.3 kilometres away.
- 2.3kmMelton Mowbray
- 14.8kmOakham
- 17.1kmSileby
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
