8, Old School Road
8, Old School Road
Description & Estimates
Public records show 8, Old School Road, Melton Mowbray to be a modern freehold house with 775 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Old School Road, Melton Mowbray has an estimated sale value of £238,859 and an estimated rental value of £994 per month, assuming reasonable condition and based on the information available.
Old School Road, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
Our Data Sources
8, Old School Road, Melton Mowbray has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 8, Old School Road, Melton Mowbray would be worth £250,802, with a potential rental value of £1,044 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £222,139, with a rental value of £925 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, Old School Road, Melton Mowbray has dropped by £4,341 (1.8%) over the last year. During the same period, its estimated monthly rental value has risen by £13 (1.3%). The property's estimated gross yield is currently 5.0%.
Energy Efficiency
8, Old School Road, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jul 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
8, Old School Road, Melton Mowbray last changed hands on 13th June 2024, selling for £272,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 2.6% since June 2024.
- Sold Jun 2024£272,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 720 metres of 8, Old School Road, Melton Mowbray across the last 2 years.
Most recently, 54, King Edward Avenue, Melton Mowbray, LE13 1FW, a freehold house, sold at £224,950 on the 19th January 2024.
Read more about house prices in LE13.
- Sold Jan 2024£224,950 | 3 Bed HouseKing Edward Avenue54, King Edward Avenue, Melton Mowbray, LE13 1FW
- Sold Oct 2023£225,000 | 3 Bed HouseKing Edward Avenue56, King Edward Avenue, Melton Mowbray, LE13 1FW
- Sold Dec 2022£259,950 | 3 Bed HouseKing Edward Avenue55, King Edward Avenue, Melton Mowbray, LE13 1FW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 8, Old School Road, Melton Mowbray as the 10th largest and the 9th most expensive of the 10 addresses on Old School Road, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £690 more expensive than the typical property.
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Schools Nearby
- 200mSherard Primary School
- 1.0kmSwallowdale Primary School and Community Centre
- 1.1kmSaint Francis Catholic Primary School
- 1.7kmLong Field Spencer Academy
- 3.1kmJohn Ferneley College
- 13.0kmCatmose College
More reading links
Public Transport Nearby
Melton Mowbray station is the nearest stop to 8, Old School Road, Melton Mowbray at 900 metres away.
- 900mMelton Mowbray
- 13.3kmOakham
- 15.3kmSyston
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
