3, Melburn Way
3, Melburn Way
Description & Estimates
Public records show 3, Melburn Way, Tamworth to be a modern freehold house with 1,001 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Melburn Way, Tamworth has an estimated sale value of £374,527 and an estimated rental value of £1,310 per month, assuming reasonable condition and based on the information available.
Melburn Way, Tamworth, B79 lies in the borough of Lichfield, within the B79 postal district.
Our Data Sources
3, Melburn Way, Tamworth has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Melburn Way, Tamworth would be worth £393,254, with a potential rental value of £1,376 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £348,310, with a rental value of £1,218 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 3, Melburn Way, Tamworth has grown by £110 (0.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £66 (5.0%). The property's estimated gross yield is currently 4.2%.
Energy Efficiency
3, Melburn Way, Tamworth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Melburn Way, Tamworth last changed hands on 18th March 2024, selling for £374,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 22.6% since March 2024.
- Sold Mar 2024£374,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 3, Melburn Way, Tamworth across the last 2 years.
Most recently, 48, Meadow Lane, Tamworth, B79 0FR, a freehold house, sold at £359,750 on the 8th November 2024.
Read more about house prices in B79.
•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 3, Melburn Way, Tamworth as the 4th largest and the 4th most expensive of the 4 addresses on Melburn Way, Tamworth, B79.
Against the B79 postcode district average, it is £95k more expensive than the typical property.
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Schools Nearby
- 500mAnker Valley Primary Academy
- 800mAshcroft Infants' School
- 900mSt Leonard's CofE (A) Primary School
- 1.4kmLandau Forte Academy, QEMS
- 1.6kmLift Rawlett
- 2.5kmLandau Forte Academy, Amington
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Public Transport Nearby
Tamworth station is the nearest stop to 3, Melburn Way, Tamworth at 1.7 kilometres away.
- 1.7kmTamworth
- 4.5kmWilnecote (Staffs)
- 5.5kmPolesworth
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
