42, Melbourne Road
42, Melbourne Road
Description & Estimates
42, Melbourne Road, Chester is recorded publicly as a mid-century Leasehold apartment across 764 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 42, Melbourne Road, Chester is £101,802 and its rental estimate is £650 per month, given the available information and assuming reasonable condition.
Melbourne Road, Blacon, Chester, CH1 falls within the CH1 postal district.
Our Data Sources
42, Melbourne Road, Chester has 2 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated March 2018.
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
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 42, Melbourne Road, Chester, we estimate a market value of £106,892 and a rental value of £682 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £94,676 and £604 per month respectively.
Recent Market Change
Over the last year, 42, Melbourne Road, Chester has seen its estimated sale value climb by £2,663 (2.6%) and its estimated rental value rise by £22 per month (3.4%). This results in an estimated gross rental yield of 7.7%.
Energy Efficiency
42, Melbourne Road, Chester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Mar 2018.
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 42, Melbourne Road, Chester completed on 9th May 2022 at £100,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 71.6% over the period since May 2022.
- Sold May 2022£100,000
- Sold Dec 2018£73,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 42, Melbourne Road, Chester have sold within a radius of 520 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th December 2024, was 6 Deganwy House, Blacon Point Road, Chester, CH1 5PB, a leasehold flat which sold for £110,000.
Read more about house prices in CH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 116 addresses on Melbourne Road, Blacon, Chester, CH1, 42, Melbourne Road, Chester comes out as the 95th largest and the 97th most expensive in our analysis of the public data.
It is also £131k less expensive than the average property across the CH1 district.
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Schools Nearby
- 100mJ H Godwin Primary School
- 700mThe Arches Community Primary School
- 800mDee Point Primary School
- 100mBlacon High School, A Specialist Sports College
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Public Transport Nearby
From 42, Melbourne Road, Chester, the nearest station is Bache, 2.8 kilometres away.
- 2.8kmBache
- 3.6kmChester
- 5.7kmHawarden Bridge
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.
