29, Melvin Road
29, Melvin Road
Description & Estimates
29, Melvin Road is recorded publicly as a modern freehold house across 592 ft2 of internal area, sitting on a 145 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 29, Melvin Road is £475,496 and its rental estimate is £2,250 per month, given the available information and assuming reasonable condition.
Melvin Road, London, SE20 falls within the SE20 postal district, in the borough of Bromley.
Our Data Sources
29, Melvin Road has 2 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated July 2022.
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 29, Melvin Road, we estimate a market value of £499,271 and a rental value of £2,362 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £442,211 and £2,092 per month respectively.
Recent Market Change
Over the last year, 29, Melvin Road has seen its estimated sale value climb by £6,094 (1.3%) and its estimated rental value rise by £116 per month (5.2%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 29, Melvin Road as measuring 145 m2.
That makes it the 21st largest plot in the postcode, where 21 of the 23 other houses have recorded plot data.
Energy Efficiency
29, Melvin Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 29, Melvin Road completed on 20th January 2023 at £550,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 1.1% over the period since January 2023.
- Sold Jan 2023£550,000
- Sold Nov 2017£410,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 29, Melvin Road have sold within a radius of 340 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th January 2018, was 23, Melvin Road, London, SE20 8EU, a freehold house which sold for £341,500.
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
Of the 47 addresses on Melvin Road, London, SE20, 29, Melvin Road comes out as the 34th largest and the 21st most expensive in our analysis of the public data.
It is also £64k more expensive than the average property across the SE20 district.
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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
From 29, Melvin Road, the nearest station is Anerley, 500 metres away.
- 500mAnerley
- 800mPenge West
- 800mBirkbeck
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.
