24, Melville Road
24, Melville Road
Description & Estimates
Public records show 24, Melville Road, Romford to be an early-century freehold house with 1,076 ft2 of internal area, sitting on a 451 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
24, Melville Road, Romford has an estimated sale value of £504,667 and an estimated rental value of £2,872 per month, assuming reasonable condition and based on the information available.
Melville Road, Romford, RM5 lies in the borough of Havering, within the RM5 postal district.
Our Data Sources
24, Melville Road, Romford has 31 entries in the Land Registry , most recently in April 2016 and a single entry in the EPC database dated August 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 24, Melville Road, Romford would be worth £529,900, with a potential rental value of £3,015 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £469,340, with a rental value of £2,671 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 24, Melville Road, Romford has grown by £4,682 (0.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £92 (3.2%). The property's estimated gross yield is currently 6.8%.
Plot Size
24, Melville Road, Romford occupies a 451 m2 plot as recorded by HM Land Registry.
Of the 20 other houses in this postcode, 18 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
24, Melville Road, Romford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 19 Aug 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
24, Melville Road, Romford last changed hands on 26th April 2016, selling for £392,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 32.6% since April 2016.
- Sold Apr 2016£392,500
- Sold Sep 2002£189,995
- Sold Oct 1997£107,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 500 metres of 24, Melville Road, Romford across the last 2 years.
Most recently, 3, Moorland Close, Romford, RM5 2AB, a leasehold house, sold at £460,000 on the 15th January 2024.
Read more about house prices in RM5.
•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 24, Melville Road, Romford as the 6th largest and the 5th most expensive of the 20 addresses on Melville Road, Romford, RM5.
Against the RM5 postcode district average, it is £86k more expensive than the typical property.
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Schools Nearby
- 200mSt Patrick's Catholic Primary School
- 600mClockhouse Primary School
- 700mCrownfield Junior School
- 1.7kmBower Park Academy
- 1.9kmMarshalls Park Academy
- 2.7kmThe Warren School
More reading links
Public Transport Nearby
Romford station is the nearest stop to 24, Melville Road, Romford at 3.0 kilometres away.
- 3.0kmRomford
- 3.6kmGidea Park
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.
