Tennyson Way, Melton Mowbray
MI

Tennyson Way, Melton Mowbray

By Mike Ford Estate Agents & Valuers LTD

£ 280,000

Reviews

3 out of 5 stars

Mike Ford Estate Agents & Valuers LTD says ..

A well presented and much enhanced three bedroom detached property which occupies a generous plot and which has a south facing rear garden and a double length garage.

Property Oracle says ..

The property is located in Melton Mowbray, Leicestershire, a town with a population of around 25,000. The area benefits from a railway station providing links to Leicester and Nottingham. There are several schools within a reasonable distance, including John Ferneley College which has a “Good” Ofsted rating. The presence of these amenities suggests a reasonably convenient location, scoring it a 710. More information on local shops and other amenities would help to refine this score.

Based on the provided images, the property appears to be in good condition. The interior is presented in a modern style with updated fixtures and fittings. There is no visible evidence of significant wear and tear or the need for major renovations. The garden, while not extensive, appears well-maintained. Therefore, a condition score of 810 is given.

The property has a garden, as evidenced by the photos. The size of the garden is relatively small but adequate for a property of this size. This is given a score of 610.

The list price of £280,000 seems reasonable considering the average price per square foot in the area is £427. However, the average house price in the area is significantly higher (£717,932), and the provided nearby listings show a wide range of prices. The property’s size (875 sq ft) is considerably smaller than the average for the area (1680 sq ft). Therefore, while the price per sqft is in line with the average, the smaller size and lower average prices of nearby properties suggest a price score of 610. More comparable properties’ details would assist in a more precise evaluation.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
7
Land
6
Bedrooms
3
Bathrooms
1
Sqft (est)
875.11
Lot (est)
875.11

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
681,429.00 £
Increased by 9.78 %
from 620,704.00 £
Est sale value
483,060.72 £
Increased by 17.20 %
from 412,176.81 £
Average area rental value
4,211.00 £/mo
Increased by 103.92 %
from 2,065.00 £/mo
Est letting value
2,625.33 £/mo
Increased by 200.00 %
from 875.11 £/mo
Est rental Yield
7.42 %
Increased by 85.96 %
from 3.99 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Mike Ford Estate Agents & Valuers LTD created the listing.

Nearby Schools

NameTypeOfstedDistance
Fairmead Sure Start Children'S CentreChildren's Centre0.37 KM
John Ferneley CollegeAcademy ConverterGood0.53 KM
The Cove Sure Start Children'S CentreChildren's Centre1.22 KM
St Mary'S Church Of England Primary SchoolAcademy Sponsor LedGood1.27 KM
The Grove Primary SchoolAcademy ConverterRequires improvement1.33 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Bramley Close £ 000.00 KM
Shelley Avenue £ 000.00 KM
Russet Way £ 000.00 KM
Conway Drive £ 000.00 KM
De Montfort £ 149,95000.00 KM

Nearby Transport

NameNLCTLCDistance
Melton Mowbray1851MMO1.82 KM

Nearby Listings

AddressPriceTypeScoreDistance
Tennyson Way, Melton Mowbray £ 280,000BUY6 / 100.00 KM
Tennyson Way, Melton Mowbray £ 235,000BUY7 / 100.08 KM
Stunning South Facing Garden on Tennyson Way, LE13 1LJ £ 280,000BUY7 / 100.09 KM
Laxton Close, Melton Mowbray, LE13 £ 265,000BUY5 / 100.10 KM
Laxton Close, Melton Mowbray, LE13 £ 225,000BUY7 / 100.10 KM

Nearby Properties

AddressPriceDistance
41 Tennyson Way £ 210,0000.09 KM
16 Tennyson Way £ 133,0000.09 KM
5 Tennyson Way £ 167,0000.09 KM
29 Tennyson Way £ 185,0000.09 KM
18 Tennyson Way £ 190,0000.09 KM