44, Melville Street
44, Melville Street
Description & Estimates
44, Melville Street, Ryde is recorded publicly as a period freehold house across 3,013 ft2 of internal area, sitting on a 754 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 44, Melville Street, Ryde is £595,513 and its rental estimate is £2,064 per month, given the available information and assuming reasonable condition.
Melville Street, Ryde, PO33 falls within the PO33 postal district.
Our Data Sources
44, Melville Street, Ryde has a single entry in the Land Registry from October 2017 and a single entry in the EPC database dated March 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 44, Melville Street, Ryde, we estimate a market value of £625,289 and a rental value of £2,168 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £553,827 and £1,920 per month respectively.
Recent Market Change
Over the last year, 44, Melville Street, Ryde has seen its estimated sale value drop by £17,622 (3.0%) and its estimated rental value rise by £78 per month (3.8%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 44, Melville Street, Ryde as measuring 754 m2.
That makes it the largest plot in the postcode, where 6 of the 7 other houses have recorded plot data.
Energy Efficiency
44, Melville Street, Ryde has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Mar 2015.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 44, Melville Street, Ryde completed on 17th October 2017 at £502,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 32.6% over the period since October 2017.
- Sold Oct 2017£502,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 44, Melville Street, Ryde have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th September 2024, was 9-11, Dover Street, Ryde, PO33 2AQ, a leasehold house which sold for £600,000.
Read more about house prices in PO33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 91 addresses on Melville Street, Ryde, PO33, 44, Melville Street, Ryde comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £324k more expensive than the average property across the PO33 district.
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Schools Nearby
- 200mDover Park Primary School
- 800mSt Mary's Catholic Primary School
- 1.0kmOakfield Church of England Aided Primary School, Ryde
- 1.3kmLift Ryde
- 6.4kmKing's Academy Bay House
- 8.9kmArk Charter Academy
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Public Transport Nearby
From 44, Melville Street, Ryde, the nearest station is Ryde Hoverport, 300 metres away.
- 300mRyde Hoverport
- 400mRyde Esplanade
- 600mRyde St Johns Road
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.
