8, Melton Avenue
8, Melton Avenue
Description & Estimates
According to the public record, 8, Melton Avenue, Derby is a mid-century freehold house with 495 ft2 of internal area and sits on a 475 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Melton Avenue, Derby is £256,523 and the estimated rental value is £1,020 per month.
Melton Avenue, Melbourne, Derby, DE73 is located in the borough of South Derbyshire within the DE73 postal district.
Our Data Sources
8, Melton Avenue, Derby has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated December 2014.
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
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, Melton Avenue, Derby is in very good condition we estimate a sale value of £269,349 and a rental value of £1,071 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,566 and a rental value of £949 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Melton Avenue, Derby has fallen by £1,180 (0.5%), while its estimated rental value has moved up by £28 per month (2.8%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Plot Size
According to data from HM Land Registry, 8, Melton Avenue, Derby sits on a plot of 475 m2.
We have plot size data on 30 out of 34 other houses in the postcode and 8, Melton Avenue, Derby sits on the 9th largest plot.
Energy Efficiency
8, Melton Avenue, Derby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Dec 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 8, Melton Avenue, Derby was last sold on 24th June 2021 for £288,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has dropped by 0.3%.
- Sold Jun 2021£288,000
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, Melton Avenue, Derby within a radius of 810 metres over the last 2 years.
The most recent example is 66, The Woodlands, Derby, DE73 8DQ, a freehold house which sold for £201,000 on the 19th July 2024.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Melton Avenue, Melbourne, Derby, DE73 has a total of 34 addresses. According to our analysis of all the public data, 8, Melton Avenue, Derby is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in DE73.
More reading links
Schools Nearby
- 500mMelbourne Junior School
- 500mMelbourne Infant School
- 3.0kmWeston-on-Trent CofE (VA) Primary School
- 4.1kmChellaston Academy
- 6.0kmNoel-Baker Academy
- 6.5kmCity of Derby Academy
More reading links
Public Transport Nearby
The closest station to 8, Melton Avenue, Derby is Peartree station, which is 8.1 kilometres away.
- 8.1kmPeartree
- 9.2kmWillington
- 9.3kmSpondon
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
