8, Lowesby Close
8, Lowesby Close
Description & Estimates
The public record lists 8, Lowesby Close, Melton Mowbray as a freehold house sitting on a 238 m2 plot.
Comparison with its neighbours suggests a mid-century house with 909 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
8, Lowesby Close, Melton Mowbray has an estimated sale value of £218,213 and an estimated rental value of £989 per month, assuming reasonable condition and based on the information available.
Lowesby Close, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
Our Data Sources
8, Lowesby Close, Melton Mowbray has 21 entries in the Land Registry , most recently in January 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, Lowesby Close, Melton Mowbray would be worth £229,124, with a potential rental value of £1,039 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £202,938, with a rental value of £920 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, Lowesby Close, Melton Mowbray has decreased by £3,966 (1.8%) over the last year. During the same period, its estimated monthly rental value has grown by £13 (1.3%). The property's estimated gross yield is currently 5.4%.
Plot Size
8, Lowesby Close, Melton Mowbray occupies a 238 m2 plot as recorded by HM Land Registry.
Of the 18 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 11th largest.
Sold Prices
8, Lowesby Close, Melton Mowbray last changed hands on 31st January 2007, selling for £135,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 41.8% since January 2007.
- Sold Jan 2007£135,000
- Sold Jul 2001£72,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 980 metres of 8, Lowesby Close, Melton Mowbray across the last 2 years.
Most recently, 20, Lowesby Close, Melton Mowbray, LE13 1HW, a freehold house, sold at £225,000 on the 16th August 2024.
Read more about house prices in LE13.
- Sold Aug 2024£225,000 | 3 Bed House20, Lowesby Close, Melton Mowbray, LE13 1HW20, Lowesby Close, Melton Mowbray, LE13 1HW
- Sold Jun 2024£210,000 | 3 Bed House205, Grange Drive, Melton Mowbray, LE13 1EL205, Grange Drive, Melton Mowbray, LE13 1EL
- Sold Jan 2024£222,000 | 3 Bed House9, Lowesby Close, Melton Mowbray, LE13 1HW9, Lowesby Close, Melton Mowbray, LE13 1HW
•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, Lowesby Close, Melton Mowbray as the 9th largest and the 9th most expensive of the 18 addresses on Lowesby Close, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £20k less expensive than the typical property.
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Schools Nearby
- 600mSherard Primary School
- 1.1kmBrownlow Primary School
- 1.3kmSaint Francis Catholic Primary School
- 2.1kmLong Field Spencer Academy
- 2.6kmJohn Ferneley College
- 13.2kmCatmose College
More reading links
Public Transport Nearby
Melton Mowbray station is the nearest stop to 8, Lowesby Close, Melton Mowbray at 1.1 kilometres away.
- 1.1kmMelton Mowbray
- 13.4kmOakham
- 16.1kmSyston
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
