12, Melvin Road
12, Melvin Road
Description & Estimates
The public record lists 12, Melvin Road as a leasehold apartment.
Comparison with its neighbours suggests a period apartment with 623 ft2 of internal area and a garden.
In this area, apartments of this size normally have 2 bedrooms.
12, Melvin Road has an estimated sale value of £375,573 and an estimated rental value of £1,800 per month, assuming reasonable condition and based on the information available.
The apartment sits within 12, Melvin Road, London, SE20.
Melvin Road, London, SE20 lies in the borough of Bromley, within the SE20 postal district.
Our Data Sources
12, Melvin Road has a single entry in the Land Registry from February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 12, Melvin Road would be worth £394,352, with a potential rental value of £1,890 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £349,283, with a rental value of £1,674 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 12, Melvin Road has dropped by £4,234 (1.1%) over the last year. During the same period, its estimated monthly rental value has risen by £49 (2.7%). The property's estimated gross yield is currently 5.8%.
Sold Prices
12, Melvin Road last changed hands on 9th February 2007, selling for £160,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 90.6% since February 2007.
- Sold Feb 2007£160,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 340 metres of 12, Melvin Road across the last 2 years.
Most recently, 10A, Melvin Road, London, SE20 8EU, a leasehold flat, sold at £405,000 on the 20th October 2023.
Read more about house prices in SE20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 12, Melvin Road as the 32nd largest and the 34th most expensive of the 47 addresses on Melvin Road, London, SE20.
Against the SE20 postcode district average, it is £36k less expensive than the typical property.
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Schools Nearby
- 200mSt Anthony's Catholic Primary School
- 500mSt John's Church of England Primary School
- 600mHarris Primary Academy Crystal Palace
- 1.3kmHarris Girls Academy Bromley
- 1.3kmHarris City Academy Crystal Palace
- 1.7kmHarris Academy South Norwood
More reading links
Public Transport Nearby
Anerley station is the nearest stop to 12, Melvin Road at 500 metres away.
- 500mAnerley
- 800mPenge West
- 800mBirkbeck
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
