The Laurels, Sussex Avenue, Melton Mowbray
RI

The Laurels, Sussex Avenue, Melton Mowbray

By Riva Lily Estate Agents, Powered by eXp

£ 390,000

Reviews

3 out of 5 stars

Riva Lily Estate Agents, Powered by eXp says ..

The Laurels is an extended two double bedroom bungalow with plenty of ground floor accommodation and a wonderful West facing rear garden and just gets better and better with every step you take as you explore what is an exceptional property.

Property Oracle says ..

The property is a 2 bedroom detached bungalow situated on Sussex Avenue, Melton Mowbray. The property benefits from a good size plot with a well maintained garden. The images show that the property is well presented and maintained, and is in good condition throughout. The kitchen and bathroom appear to be original to the property and may benefit from some modernisation. The location is good, with nearby schools and a railway station. The average house price in the area is significantly higher than the list price of this property, suggesting that it may represent good value for money. However, the average price per sqft is higher than the property’s price per sqft (£282 vs £427). This discrepancy may be due to the size of the property, or the fact that the average house price includes larger, more expensive properties. The nearby properties on Sussex Avenue show a range of prices, with some properties selling for significantly less than the list price of this property. Considering the property’s condition, location, and plot size, the list price appears reasonable, although further analysis of comparable properties in the area would be beneficial to confirm this.

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
7
Land
7
Bedrooms
2
Bathrooms
1
Sqft (est)
1,386.39
Lot (est)
1,550.00

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
765,287.28 £
Increased by 17.20 %
from 652,989.69 £
Average area rental value
4,211.00 £/mo
Increased by 103.92 %
from 2,065.00 £/mo
Est letting value
4,159.17 £/mo
Increased by 200.00 %
from 1,386.39 £/mo
Est rental Yield
7.42 %
Increased by 85.96 %
from 3.99 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Riva Lily Estate Agents, Powered by eXp created the listing.

Nearby Schools

NameTypeOfstedDistance
The Edge Sure Start Children'S CentreChildren's Centre0.67 KM
Swallowdale Primary School And Community CentreAcademy ConverterRequires improvement0.89 KM
Sherard Primary SchoolAcademy Sponsor Led0.94 KM
Melton Vale Sixth Form CollegeAcademy 16-19 Converter1.04 KM
Saint Francis Catholic Primary SchoolAcademy Converter1.13 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Cotswold Close £ 000.00 KM
Hartopp Road £ 220,00000.00 KM
Waverley Court £ 000.00 KM
King Edward Avenue £ 000.00 KM
Chapman Drive £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Melton Mowbray1851MMO1.01 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Laurels, Sussex Avenue, Melton Mowbray £ 390,000BUY7 / 100.00 KM
Cambridge Avenue, Melton Mowbray £ 399,950BUY8 / 100.13 KM
Cambridge Avenue, Melton Mowbray £ 430,000BUY7 / 100.13 KM
Oxford Drive, Melton Mowbray £ 595,000BUY7 / 100.14 KM
College Avenue, Melton Mowbray, Leicestershire £ 375,000BUYUnknown0.14 KM

Nearby Properties

AddressPriceDistance
35 Sussex Avenue £ 110,0000.01 KM
26 Sussex Avenue £ 236,0000.01 KM
7 Sussex Avenue £ 209,0000.01 KM
28 Sussex Avenue £ 290,0000.01 KM
19 Sussex Avenue £ 160,0000.01 KM