23, Melling Street
23, Melling Street
Description & Estimates
23, Melling Street is recorded publicly as a period freehold house across 936 ft2 of internal area, sitting on a 141 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 23, Melling Street is £415,462 and its rental estimate is £2,279 per month, given the available information and assuming reasonable condition.
Melling Street, London, SE18 falls within the SE18 postal district, in the borough of Greenwich.
Our Data Sources
23, Melling Street has 21 entries in the Land Registry , most recently in January 2016 and a single entry in the EPC database dated November 2015.
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
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 23, Melling Street, we estimate a market value of £436,235 and a rental value of £2,393 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £386,380 and £2,120 per month respectively.
Recent Market Change
Over the last year, 23, Melling Street has seen its estimated sale value move down by £549 (0.1%) and its estimated rental value increase by £107 per month (4.7%). This results in an estimated gross rental yield of 6.6%.
Plot Size
HM Land Registry records the plot of land for 23, Melling Street as measuring 141 m2.
That makes it the 6th largest plot in the postcode, where 23 of the 35 other houses have recorded plot data.
Energy Efficiency
23, Melling Street has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Nov 2015.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 23, Melling Street completed on 21st January 2016 at £320,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 30.4% over the period since January 2016.
- Sold Jan 2016£320,000
- Sold Nov 1996£52,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23, Melling Street have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th December 2024, was 105, Kirkham Street, London, SE18 2EL, a freehold house which sold for £380,000.
Read more about house prices in SE18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 36 addresses on Melling Street, London, SE18, 23, Melling Street comes out as the 9th largest and the 9th most expensive in our analysis of the public data.
It is also £50k more expensive than the average property across the SE18 district.
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Schools Nearby
- 100mRockliffe Manor Primary School
- 200mTimbercroft Primary School
- 400mGreenslade Primary School
- 700mPlumstead Manor School
- 1.8kmSt Paul's Academy
- 1.9kmWelling School
More reading links
Public Transport Nearby
From 23, Melling Street, the nearest station is Plumstead, 1.4 kilometres away.
- 1.4kmPlumstead
- 1.7kmWelling
- 2.0kmWoolwich Arsenal
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.
