Melfort, Settle
Melfort, Settle
Description & Estimates
Melfort, Settle is recorded publicly as a modern freehold house across 2,012 ft2 of internal area, sitting on a 552 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of Melfort, Settle is £611,053 and its rental estimate is £1,714 per month, given the available information and assuming reasonable condition.
Bankwell Road, Giggleswick, Settle, BD24 falls within the BD24 postal district.
Our Data Sources
Melfort, Settle has 31 entries in the Land Registry , most recently in September 2014 and a single entry in the EPC database dated January 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Melfort, Settle, we estimate a market value of £641,606 and a rental value of £1,800 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £568,279 and £1,594 per month respectively.
Recent Market Change
Over the last year, Melfort, Settle has seen its estimated sale value increase by £70 (0.0%) and its estimated rental value grow by £29 per month (1.7%). This results in an estimated gross rental yield of 3.4%.
Plot Size
HM Land Registry records the plot of land for Melfort, Settle as measuring 552 m2.
That makes it the 5th largest plot in the postcode, where 10 of the 23 other houses have recorded plot data.
Energy Efficiency
Melfort, Settle has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jan 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Melfort, Settle completed on 3rd September 2014 at £410,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 27.5% over the period since September 2014.
- Sold Sep 2014£410,000
- Sold Mar 2010£445,000
- Sold Aug 2000£183,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Melfort, Settle have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th July 2022, was Sandholme Barn, Bankwell Road, Settle, BD24 0AN, a freehold house which sold for £590,000.
Read more about house prices in BD24.
- Sold Jul 2022£590,000 | 5 Bed HouseSandholme Barn, Bankwell Road, Settle, BD24 0ANSandholme Barn, Bankwell Road, Settle, BD24 0AN
- Sold Aug 2021£475,000 | 4 Bed House2, Lords Close, Settle, BD24 0EG2, Lords Close, Settle, BD24 0EG
- Sold Nov 2016£410,000 | 4 Bed House6, Lords Close, Settle, BD24 0EG6, Lords Close, Settle, BD24 0EG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 40 addresses on Bankwell Road, Giggleswick, Settle, BD24, Melfort, Settle comes out as the 12th largest and the 10th most expensive in our analysis of the public data.
It is also £380k more expensive than the average property across the BD24 district.
More reading links
Schools Nearby
- 600mGiggleswick Primary School
- 600mSettle Church of England Voluntary Controlled Primary School
- 5.8kmLong Preston Endowed Voluntary Aided Primary School
- 600mSettle College
- 17.8kmBowland High
- 18.2kmUpper Wharfedale School
More reading links
Public Transport Nearby
From Melfort, Settle, the nearest station is Settle, 700 metres away.
- 700mSettle
- 1.1kmGiggleswick
- 6.1kmLong Preston
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 high, based on Environment Agency data.
