24, Melvin Road
24, Melvin Road
Description & Estimates
Public records show 24, Melvin Road to be a modern freehold house with 581 ft2 of internal area, sitting on a 92.3 m2 plot.
In this area, houses of this size normally have 2 bedrooms with a garden.
24, Melvin Road has an estimated sale value of £470,915 and an estimated rental value of £2,233 per month, assuming reasonable condition and based on the information available.
Melvin Road, London, SE20 lies in the borough of Bromley, within the SE20 postal district.
Our Data Sources
24, Melvin Road has 31 entries in the Land Registry , most recently in September 2011 and a single entry in the EPC database dated October 2020.
We combine this information with that 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
In very good condition, we estimate 24, Melvin Road would be worth £494,461, with a potential rental value of £2,344 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £437,951, with a rental value of £2,076 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, Melvin Road has moved up by £6,035 (1.3%) over the last year. During the same period, its estimated monthly rental value has increased by £115 (5.2%). The property's estimated gross yield is currently 5.7%.
Plot Size
24, Melvin Road occupies a 92 m2 plot as recorded by HM Land Registry.
Of the 23 other houses in this postcode, 21 have recorded plot sizes, and this one ranks as the 25th largest.
Energy Efficiency
24, Melvin Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Oct 2020.
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, Melvin Road last changed hands on 16th September 2011, selling for £195,000. 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 121.8% since September 2011.
- Sold Sep 2011£195,000
- Sold Apr 2002£134,750
- Sold Sep 1996£60,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 350 metres of 24, Melvin Road across the last 2 years.
Most recently, 29, Melvin Road, London, SE20 8EU, a freehold house, sold at £550,000 on the 20th January 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 24, Melvin Road as the 35th largest and the 22nd most expensive of the 47 addresses on Melvin Road, London, SE20.
Against the SE20 postcode district average, it is £59k more 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 24, 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.
