8, Elms Road
8, Elms Road
Description & Estimates
Public records show 8, Elms Road, Melton Mowbray to be an early-century freehold house with 893 ft2 of internal area, sitting on a 160 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Elms Road, Melton Mowbray has an estimated sale value of £200,383 and an estimated rental value of £946 per month, assuming reasonable condition and based on the information available.
Elms Road, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
Our Data Sources
8, Elms Road, Melton Mowbray has 31 entries in the Land Registry , most recently in July 2017 and a single entry in the EPC database dated April 2017.
We combine this information with that 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
In very good condition, we estimate 8, Elms Road, Melton Mowbray would be worth £210,402, with a potential rental value of £993 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £186,356, with a rental value of £879 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Elms Road, Melton Mowbray has decreased by £3,642 (1.8%) over the last year. During the same period, its estimated monthly rental value has grown by £12 (1.3%). The property's estimated gross yield is currently 5.7%.
Plot Size
8, Elms Road, Melton Mowbray occupies a 160 m2 plot as recorded by HM Land Registry.
Of the 18 other houses in this postcode, 15 have recorded plot sizes, and this one ranks as the 14th largest.
Energy Efficiency
8, Elms Road, Melton Mowbray has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Elms Road, Melton Mowbray last changed hands on 12th July 2017, selling for £145,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 32.5% since July 2017.
- Sold Jul 2017£145,000
- Sold Oct 2005£116,950
- Sold Mar 2001£53,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 680 metres of 8, Elms Road, Melton Mowbray across the last 2 years.
Most recently, 23, Oak Road, Melton Mowbray, LE13 1BD, a freehold house, sold at £115,000 on the 12th April 2024.
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
Our analysis of the public data ranks 8, Elms Road, Melton Mowbray as the 5th largest and the 6th most expensive of the 22 addresses on Elms Road, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £38k less expensive than the typical property.
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Schools Nearby
- 600mSaint Francis Catholic Primary School
- 800mBrownlow Primary School
- 900mThe Grove Primary School
- 1.2kmLong Field Spencer Academy
- 2.0kmJohn Ferneley College
- 14.1kmCatmose College
More reading links
Public Transport Nearby
Melton Mowbray station is the nearest stop to 8, Elms Road, Melton Mowbray at 400 metres away.
- 400mMelton Mowbray
- 14.3kmOakham
- 15.4kmSyston
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
