12, Melrose Close
12, Melrose Close
Description & Estimates
12, Melrose Close is described in the public record as a mid-century house with 968 ft2 of internal area, sitting on a 116 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 12, Melrose Close is £464,136 and its rental estimate is £2,062 per month, given the available information and assuming reasonable condition.
Melrose Close, London, SE12 falls within the SE12 postal district, in the borough of Lewisham.
Our Data Sources
12, Melrose Close has no records in the the Land Registry and a single entry in the EPC database dated April 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Melrose Close, we estimate a market value of £487,343 and a rental value of £2,166 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £431,647 and £1,918 per month respectively.
Recent Market Change
Over the last year, 12, Melrose Close has seen its estimated sale value decrease by £229 (0.0%) and its estimated rental value grow by £102 per month (4.9%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 12, Melrose Close as measuring 116 m2.
That makes it the 20th largest plot in the postcode, where 20 of the 47 other houses have recorded plot data.
Energy Efficiency
12, Melrose Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Apr 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Melrose Close have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd March 2023, was 11, Winn Road, London, SE12 9ET, a freehold house which sold for £550,000.
Read more about house prices in SE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 47 addresses on Melrose Close, London, SE12, 12, Melrose Close comes out as the 15th largest and the 15th most expensive in our analysis of the public data.
It is also £8k less expensive than the average property across the SE12 district.
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Schools Nearby
- 400mHorn Park Primary School
- 500mCooper's Lane Primary School
- 500mBaring Primary School
- 1.5kmHaberdashers' Knights Academy
- 1.7kmHarris Academy Greenwich
- 2.0kmEltham Hill School
More reading links
Public Transport Nearby
From 12, Melrose Close, the nearest station is Lee (London), 1.0 kilometres away.
- 1.0kmLee (London)
- 1.3kmGrove Park
- 1.9kmHither Green
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
