According to the public record, 2, Vulcan Close, Melton Mowbray is a modern freehold house and with 1,065 ft2 of internal area and sits on a 295 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Vulcan Close, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
2, Vulcan Close, Melton Mowbray has 2 entries in the Land Registry database, most recently in July 2014 and 2 entries in the EPC database, most recently in March 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Vulcan Close Melton Mowbray as £348,734 and the rental value as £857 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of 2 Vulcan Close Melton Mowbray has increased by £6,250 (1.8%) and its rental value has increased by £31 per month (3.6%).
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 2, Vulcan Close, Melton Mowbray is in very good condition we estimate a sale value of £366,171 and rental value of £899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,323 and a rental value of £797 per month.
If you were able to purchase this property for the estimated value of £348,734, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,714 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2, Vulcan Close, Melton Mowbray sits on a plot of 295m2.
We have plot size data on 3 out of 4 other houses in the postcode and 2, Vulcan Close, Melton Mowbray sits on the 3rd largest plot.
According to HM Land Registry, 2, Vulcan Close, Melton Mowbray was last sold on 25 Jul 2014 for £202,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2014, the market for similar properties has risen 53.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Vulcan Close, Melton Mowbray within a radius of 642m over the last 2 years.
The most recent example is 3, Dovedale Close, Melton Mowbray, LE13 0HQ, a Freehold house which sold for £372,500 in Apr 2023.
Read more about house prices in LE13.
Vulcan Close, Melton Mowbray, LE13 has a total of 4 addresses. According to our analysis of all the public data, 2, Vulcan Close, Melton Mowbray is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £106k more expensive than the average property in LE13.
2, Vulcan Close, Melton Mowbray has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Mar 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Vulcan Close, Melton Mowbray is Melton Mowbray station which is 500 m away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Vulcan Close, Melton Mowbray, 28.6% of property is socially rented and 26.8% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Vulcan Close, Melton Mowbray, 14.3% of residents are recorded as possessing school level qualifications and 25.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Vulcan Close, Melton Mowbray, the average age was 40.8 and the most common age was 32.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Vulcan Close, Melton Mowbray, 0.4% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Vulcan Close, Melton Mowbray, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.