8, Melton Avenue
8, Melton Avenue
Description & Estimates
8, Melton Avenue, Leicester is described in the public record as an early-century house with 592 ft2 of internal area, sitting on a 339 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 8, Melton Avenue, Leicester is £235,096 and its rental estimate is £997 per month, given the available information and assuming reasonable condition.
Melton Avenue, Leicester, LE4 falls within the LE4 postal district.
Our Data Sources
8, Melton Avenue, Leicester has no records in the the Land Registry and a single entry in the EPC database dated April 2022.
We combine this information with public data 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
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, Melton Avenue, Leicester, we estimate a market value of £246,851 and a rental value of £1,046 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £218,639 and £927 per month respectively.
Recent Market Change
Over the last year, 8, Melton Avenue, Leicester has seen its estimated sale value drop by £3,299 (1.4%) and its estimated rental value rise by £32 per month (3.2%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 8, Melton Avenue, Leicester as measuring 339 m2.
That makes it the 10th largest plot in the postcode, where all 17 other houses have recorded plot data.
Energy Efficiency
8, Melton Avenue, Leicester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Apr 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Melton Avenue, Leicester have sold within a radius of 780 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2024, was 18, Hardys Avenue, Leicester, LE4 7SB, a freehold house which sold for £275,000.
Read more about house prices in LE4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 39 addresses on Melton Avenue, Leicester, LE4, 8, Melton Avenue, Leicester comes out as the 37th largest and the 34th most expensive in our analysis of the public data.
It is also £17k less expensive than the average property across the LE4 district.
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Schools Nearby
- 600mHerrick Primary School
- 800mSandfield Close Primary School
- 1.2kmRiverside Community Primary School Birstall
- 700mRushey Mead Academy
- 1.0kmSoar Valley College
- 2.1kmThe Cedars Academy
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Public Transport Nearby
From 8, Melton Avenue, Leicester, the nearest station is Syston, 3.4 kilometres away.
- 3.4kmSyston
- 4.3kmLeicester
- 6.9kmSileby
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
