According to the public record, 4, Oak Road, Melton Mowbray is a early-century freehold house and with 914 ft2 of internal area and sits on a 158 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oak Road, Melton Mowbray, LE13 is located in the borough of Melton within the LE13 postal district.
4, Oak Road, Melton Mowbray has 41 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated March 2013.
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 4 Oak Road Melton Mowbray as £199,912 and the rental value as £834 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 4 Oak Road Melton Mowbray has increased by £3,890 (1.9%) and its rental value has increased by £32 per month (3.8%).
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 4, Oak Road, Melton Mowbray is in very good condition we estimate a sale value of £209,907 and rental value of £876 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £185,918 and a rental value of £776 per month.
If you were able to purchase this property for the estimated value of £199,912, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £983 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, 4, Oak Road, Melton Mowbray sits on a plot of 158m2.
We have plot size data on 23 out of 32 other houses in the postcode and 4, Oak Road, Melton Mowbray sits on the 16th largest plot.
According to HM Land Registry, 4, Oak Road, Melton Mowbray was last sold on 05 Apr 2023 for £190,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Apr 2023, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Oak Road, Melton Mowbray within a radius of 24m over the last 2 years.
The most recent example is 12, Oak Road, Melton Mowbray, LE13 1BD, a Freehold house which sold for £225,000 in Jan 2024.
Read more about house prices in LE13.
Oak Road, Melton Mowbray, LE13 has a total of 32 addresses. According to our analysis of all the public data, 4, Oak Road, Melton Mowbray is the 17th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in LE13.
4, Oak Road, Melton Mowbray has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Mar 2013.
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 4, Oak Road, Melton Mowbray is Melton Mowbray station which is 400 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 4, Oak Road, Melton Mowbray, 55.4% of property is privately rented and 20.1% is privately owned outright.
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 4, Oak Road, Melton Mowbray, 12.1% of residents are recorded as possessing school level qualifications and 22.8% 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 4, Oak Road, Melton Mowbray, the average age was 44.1 and the most common age was 57.
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 4, Oak Road, Melton Mowbray, 0.0% 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 4, Oak Road, Melton Mowbray, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.