18, Melrose Close
18, Melrose Close
Description & Estimates
According to the public record, 18, Melrose Close is a modern freehold house with 1,065 ft2 of internal area and sits on a 125 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 18, Melrose Close is £487,280 and the estimated rental value is £2,161 per month.
Melrose Close, London, SE12 is located in the borough of Lewisham within the SE12 postal district.
Our Data Sources
18, Melrose Close has a single entry in the Land Registry from March 2020 and a single entry in the EPC database dated June 2019.
We combine this information with that 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 18, Melrose Close is in very good condition we estimate a sale value of £511,644 and a rental value of £2,269 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £453,170 and a rental value of £2,010 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 18, Melrose Close has dropped by £241 (0.0%), while its estimated rental value has risen by £107 per month (4.9%). Based on current estimates, the property offers a gross rental yield of 5.3%.
Plot Size
According to data from HM Land Registry, 18, Melrose Close sits on a plot of 125 m2.
We have plot size data on 20 out of 47 other houses in the postcode and 18, Melrose Close sits on the 16th largest plot.
Energy Efficiency
18, Melrose Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 18, Melrose Close was last sold on 5th March 2020 for £380,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2020, the market for similar properties has risen by 10.5%.
- Sold Mar 2020£380,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Melrose Close within a radius of 500 metres over the last 2 years.
The most recent example is 13, Danescombe, London, SE12 9EU, a freehold house which sold for £490,000 on the 19th January 2024.
Read more about house prices in SE12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Melrose Close, London, SE12 has a total of 47 addresses. According to our analysis of all the public data, 18, Melrose Close is the 7th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in SE12.
More reading links
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
The closest station to 18, Melrose Close is Lee (London) station, which is 1.0 kilometres away.
- 1.0kmLee (London)
- 1.3kmGrove Park
- 1.9kmHither Green
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
