Ferneley Crescent, Melton Mowbray, LE13
NE

Ferneley Crescent, Melton Mowbray, LE13

By Newton Fallowell

£ 280,000

Reviews

3 out of 5 stars

Newton Fallowell says ..

Situated in a popular residential area is this extended semi-detached family home which backs on to Melton Country Park. The accommodation comprises in brief, entrance hall, cloakroom WC, living room, dining room, breakfast kitchen and a converted garage having flexible use. On the first floor...

Property Oracle says ..

The property is a 3-bedroom semi-detached house located on Ferneley Crescent in Melton Mowbray, Leicestershire. It’s situated in a residential area with nearby primary and secondary schools, including Brownlow Primary School (0.58km) and John Ferneley College (2.00km), both rated ‘Good’ by Ofsted. Melton Mowbray train station is approximately 2.01km away, providing convenient access to transportation links.

Based on the provided images, the property appears to be in generally good condition. The interior shows a well-maintained layout, with updated kitchen appliances and a modern bathroom. While some aspects of the interior decor may be considered dated, there is no visible evidence of significant repair or renovation needs. The exterior is also well-maintained, with a neat garden and paved patio area. The presence of a shed suggests additional storage space.

The property includes a sizeable garden, providing ample outdoor space. The garden appears well-maintained and offers a pleasant area for relaxation and recreation.

Considering the list price of £280,000, the average house price in the area is significantly higher at £717,932. However, the average price per square foot is £427, while this property is listed at a much lower price per sqft. Given the property’s good condition, desirable location, and inclusion of a garden, the list price appears to be relatively reasonable, particularly when compared to other nearby properties on Ferneley Crescent, which range from £168,000 to £182,000 for similar semi-detached houses. The lower price point may be attributed to the slightly smaller plot size compared to the area average.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
8
Land
7
Bedrooms
3
Bathrooms
1
Sqft (est)
1,612.43

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
253,317.00 £
Decreased by 3.39 %
from 262,197.00 £
Est sale value
451,480.40 £
Increased by 21.21 %
from 372,471.33 £
Average area rental value
1,024.00 £/mo
Increased by 17.57 %
from 871.00 £/mo
Est letting value
1,612.43 £/mo
from 0.00 £/mo
Est rental Yield
4.85 %
Increased by 21.55 %
from 3.99 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
Brownlow Primary SchoolAcademy ConverterGood0.58 KM
Birch Wood (Melton Area Special School)Community Special SchoolGood1.67 KM
Sherard Primary SchoolAcademy Sponsor Led1.80 KM
John Ferneley CollegeAcademy ConverterGood2.00 KM
Melton Vale Sixth Form CollegeAcademy 16-19 Converter2.07 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Doctor's Lane £ 180,00000.00 KM
Duke Street £ 169,95000.00 KM
Gull Gardens £ 000.00 KM
Cygnet Close £ 000.00 KM
Owen Drive £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Melton Mowbray1851MMO2.01 KM

Nearby Listings

AddressPriceTypeScoreDistance
Amazing Opportunity at Ferneley Crescent, Melton, LE13 1RZ £ 240,000BUY7 / 100.00 KM
Ferneley Crescent, Melton Mowbray, LE13 £ 280,000BUY7 / 100.00 KM
Bowley Avenue, Melton Mowbray £ 400,000BUY7 / 100.12 KM
Two/Three Bedrooms on Bowley Avenue £ 290,000BUY6 / 100.15 KM
Bowley Avenue, Melton Mowbray, Leicestershire £ 260,000BUY6 / 100.17 KM

Nearby Properties

AddressPriceDistance
46 Ferneley Crescent £ 169,0000.00 KM
76 Ferneley Crescent £ 125,0000.00 KM
48 Ferneley Crescent £ 186,0000.00 KM
24 Ferneley Crescent £ 218,0000.00 KM
22 Ferneley Crescent £ 158,0000.00 KM