86, Princess Drive
86, Princess Drive
Description & Estimates
Public records show 86, Princess Drive, Melton Mowbray to be a mid-century freehold house with 765 ft2 of internal area, sitting on a 169 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
86, Princess Drive, Melton Mowbray has an estimated sale value of £144,893 and an estimated rental value of £725 per month, assuming reasonable condition and based on the information available.
Princess Drive, Melton Mowbray, LE13 lies in the borough of Melton, within the LE13 postal district.
Our Data Sources
86, Princess Drive, Melton Mowbray has 21 entries in the Land Registry , most recently in June 2012 and a single entry in the EPC database dated January 2012.
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
In very good condition, we estimate 86, Princess Drive, Melton Mowbray would be worth £152,137, with a potential rental value of £761 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £134,750, with a rental value of £674 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 86, Princess Drive, Melton Mowbray has dropped by £2,633 (1.8%) over the last year. During the same period, its estimated monthly rental value has risen by £9 (1.3%). The property's estimated gross yield is currently 6.0%.
Plot Size
86, Princess Drive, Melton Mowbray occupies a 169 m2 plot as recorded by HM Land Registry.
Of the 45 other houses in this postcode, 30 have recorded plot sizes, and this one ranks as the 27th largest.
Energy Efficiency
86, Princess Drive, Melton Mowbray has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Jan 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
86, Princess Drive, Melton Mowbray last changed hands on 1st June 2012, selling for £95,000. 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 80.4% since June 2012.
- Sold Jun 2012£95,000
- Sold Nov 2002£69,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 820 metres of 86, Princess Drive, Melton Mowbray across the last 2 years.
Most recently, 84, Princess Drive, Melton Mowbray, LE13 0DL, a freehold house, sold at £155,000 on the 22nd February 2024.
Read more about house prices in LE13.
- Sold Feb 2024£155,000 | 3 Bed House84, Princess Drive, Melton Mowbray, LE13 0DL84, Princess Drive, Melton Mowbray, LE13 0DL
- Sold Sep 2023£150,000 | 3 Bed House67, Princess Drive, Melton Mowbray, LE13 0DL67, Princess Drive, Melton Mowbray, LE13 0DL
- Sold Apr 2022£140,000 | 3 Bed House112, Princess Drive, Melton Mowbray, LE13 0DL112, Princess Drive, Melton Mowbray, LE13 0DL
•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 86, Princess Drive, Melton Mowbray as the 77th largest and the 91st most expensive of the 99 addresses on Princess Drive, Melton Mowbray, LE13.
Against the LE13 postcode district average, it is £93k less expensive than the typical property.
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Schools Nearby
- 500mSwallowdale Primary School and Community Centre
- 1.0kmSherard Primary School
- 1.2kmSaint Francis Catholic Primary School
- 1.6kmLong Field Spencer Academy
- 3.5kmJohn Ferneley College
- 13.1kmCatmose College
More reading links
Public Transport Nearby
Melton Mowbray station is the nearest stop to 86, Princess Drive, Melton Mowbray at 1.2 kilometres away.
- 1.2kmMelton Mowbray
- 13.3kmOakham
- 14.6kmSyston
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.
