123, Melbourne Road
123, Melbourne Road
Description & Estimates
123, Melbourne Road, Chester is described in the public record as a mid-century house with 1,119 ft2 of internal area, sitting on a 231 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 123, Melbourne Road, Chester is £159,540 and its rental estimate is £832 per month, given the available information and assuming reasonable condition.
Melbourne Road, Blacon, Chester, CH1 falls within the CH1 postal district.
Our Data Sources
123, Melbourne Road, Chester has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 123, Melbourne Road, Chester, we estimate a market value of £167,517 and a rental value of £874 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £148,372 and £774 per month respectively.
Recent Market Change
Over the last year, 123, Melbourne Road, Chester has seen its estimated sale value increase by £5,106 (3.2%) and its estimated rental value grow by £30 per month (3.6%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 123, Melbourne Road, Chester as measuring 231 m2.
That makes it the 2nd largest plot in the postcode, where 37 of the 39 other houses have recorded plot data.
Energy Efficiency
123, Melbourne Road, Chester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 123, Melbourne Road, Chester completed on 22nd August 2006 at £117,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
- Sold Aug 2006£117,500
- Sold Sep 2003£79,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 123, Melbourne Road, Chester have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd October 2015, was 23, Cairns Crescent, Chester, CH1 5JE, a freehold house which sold for £105,000.
Read more about house prices in CH1.
- Sold Oct 2015£105,000 | 3 Bed House23, Cairns Crescent, Chester, CH1 5JE23, Cairns Crescent, Chester, CH1 5JE
- Sold Aug 2015£100,000 | 3 Bed House71, Melbourne Road, Chester, CH1 5JQ71, Melbourne Road, Chester, CH1 5JQ
- Sold Sep 2014£120,000 | 4 Bed House125, Melbourne Road, Chester, CH1 5JH125, Melbourne Road, Chester, CH1 5JH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 116 addresses on Melbourne Road, Blacon, Chester, CH1, 123, Melbourne Road, Chester comes out as the 7th largest and the 49th most expensive in our analysis of the public data.
It is also £74k less expensive than the average property across the CH1 district.
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Schools Nearby
- 100mJ H Godwin Primary School
- 700mThe Arches Community Primary School
- 700mDee Point Primary School
- 100mBlacon High School, A Specialist Sports College
More reading links
Public Transport Nearby
From 123, Melbourne Road, Chester, the nearest station is Bache, 2.8 kilometres away.
- 2.8kmBache
- 3.7kmChester
- 5.7kmHawarden Bridge
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
