8, School Hill
8, School Hill
Description & Estimates
Public records show 8, School Hill, Melton Mowbray to be a period freehold house with 979 ft2 of internal area, sitting on a 223 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, School Hill, Melton Mowbray has an estimated sale value of £243,957 and an estimated rental value of £1,163 per month, assuming reasonable condition and based on the information available.
School Hill, Sproxton, Melton Mowbray, LE14 lies in the borough of Melton, within the LE14 postal district.
Our Data Sources
8, School Hill, Melton Mowbray has 31 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated August 2016.
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, School Hill, Melton Mowbray would be worth £256,155, with a potential rental value of £1,221 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £226,880, with a rental value of £1,081 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, School Hill, Melton Mowbray has decreased by £6,852 (2.8%) over the last year. During the same period, its estimated monthly rental value has grown by £11 (0.9%). The property's estimated gross yield is currently 5.7%.
Plot Size
8, School Hill, Melton Mowbray occupies a 223 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 10th largest.
Energy Efficiency
8, School Hill, Melton Mowbray has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 09 Aug 2016.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
8, School Hill, Melton Mowbray last changed hands on 26th February 2024, selling for £265,000. 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 8.6% since February 2024.
- Sold Feb 2024£265,000
- Sold May 2017£176,000
- Sold Aug 1995£42,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 6.8 kilometres of 8, School Hill, Melton Mowbray across the last 2 years.
Most recently, 12, School Hill, Melton Mowbray, LE14 4RB, a freehold house, sold at £220,000 on the 30th August 2024.
Read more about house prices in LE14.
•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, School Hill, Melton Mowbray as the 12th largest and the 12th most expensive of the 25 addresses on School Hill, Sproxton, Melton Mowbray, LE14.
Against the LE14 postcode district average, it is £143k less expensive than the typical property.
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Schools Nearby
- 3.4kmBuckminster Primary School
- 5.1kmCroxton Kerrial Church of England Primary School
- 5.6kmWaltham on the Wolds Church of England Primary School
- 10.9kmWalton Academy
- 11.1kmJohn Ferneley College
- 11.7kmWest Grantham Church of England Secondary Academy
More reading links
Public Transport Nearby
Melton Mowbray station is the nearest stop to 8, School Hill, Melton Mowbray at 11.8 kilometres away.
- 11.8kmMelton Mowbray
- 12.2kmGrantham
- 15.4kmOakham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
