28, Melbourne Road
28, Melbourne Road
Description & Estimates
28, Melbourne Road, Chichester is recorded publicly as a period freehold house across 2,023 ft2 of internal area, sitting on a 269 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 28, Melbourne Road, Chichester is £627,037 and its rental estimate is £2,173 per month, given the available information and assuming reasonable condition.
Melbourne Road, Chichester, PO19 falls within the PO19 postal district, in the borough of Chichester.
Our Data Sources
28, Melbourne Road, Chichester has 3 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated January 2023.
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
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 28, Melbourne Road, Chichester, we estimate a market value of £658,388 and a rental value of £2,282 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £583,144 and £2,021 per month respectively.
Recent Market Change
Over the last year, 28, Melbourne Road, Chichester has seen its estimated sale value decrease by £26,984 (4.3%) and its estimated rental value grow by £46 per month (2.1%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 28, Melbourne Road, Chichester as measuring 269 m2.
That makes it the largest plot in the postcode, where 8 of the 13 other houses have recorded plot data.
Energy Efficiency
28, Melbourne Road, Chichester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Systems with radiators, electric.
Sold Prices
The most recent sale of 28, Melbourne Road, Chichester completed on 31st January 2024 at £750,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 12.6% over the period since January 2024.
- Sold Jan 2024£750,000
- Sold Oct 2020£306,100
- Sold May 2009£194,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 28, Melbourne Road, Chichester have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th November 2023, was 2, Armadale Road, Chichester, PO19 7NR, a freehold house which sold for £650,000.
Read more about house prices in PO19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 71 addresses on Melbourne Road, Chichester, PO19, 28, Melbourne Road, Chichester comes out as the largest and the most expensive in our analysis of the public data.
It is also £236k more expensive than the average property across the PO19 district.
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Schools Nearby
- 400mPortfield Primary Academy
- 1.0kmRumboldswhyke CofE Primary School
- 1.0kmSt. Joseph's CofE Junior School
- 1.3kmChichester High School
- 2.1kmBishop Luffa School, Chichester
- 7.3kmOrmiston Six Villages Academy
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Public Transport Nearby
From 28, Melbourne Road, Chichester, the nearest station is Chichester, 1.3 kilometres away.
- 1.3kmChichester
- 3.3kmFishbourne (Sussex)
- 5.5kmBosham
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.
