45, Melbourne Road
45, Melbourne Road
Description & Estimates
According to the public record, 45, Melbourne Road, Chichester is a modern leasehold apartment with 357 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 45, Melbourne Road, Chichester is £107,166 and the estimated rental value is £663 per month.
Melbourne Road, Chichester, PO19 is located in the borough of Chichester within the PO19 postal district.
Our Data Sources
45, Melbourne Road, Chichester has a single entry in the Land Registry from August 2011 and a single entry in the EPC database dated April 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 45, Melbourne Road, Chichester is in very good condition we estimate a sale value of £112,524 and a rental value of £696 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £99,664 and a rental value of £617 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 45, Melbourne Road, Chichester has dropped by £3,127 (2.9%), while its estimated rental value has risen by £24 per month (3.6%). Based on current estimates, the property offers a gross rental yield of 7.4%.
Energy Efficiency
45, Melbourne Road, Chichester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Apr 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 45, Melbourne Road, Chichester was last sold on 5th August 2011 for £83,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2011, the market for similar properties has risen by 26.1%.
- Sold Aug 2011£83,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 45, Melbourne Road, Chichester within a radius of 490 metres over the last 2 years.
The most recent example is 1, Adelaide Road, Chichester, PO19 7NG, a leasehold flat which sold for £106,999 on the 22nd June 2023.
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
Melbourne Road, Chichester, PO19 has a total of 71 addresses. According to our analysis of all the public data, 45, Melbourne Road, Chichester is the 65th largest and the 61st most expensive property on the street.
When compared to the postcode district it is £284k less expensive than the average property in PO19.
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Schools Nearby
- 400mPortfield Primary Academy
- 1.0kmRumboldswhyke CofE Primary School
- 1.0kmSt. Joseph's CofE Junior School
- 1.4kmChichester High School
- 2.1kmBishop Luffa School, Chichester
- 7.3kmOrmiston Six Villages Academy
More reading links
Public Transport Nearby
The closest station to 45, Melbourne Road, Chichester is Chichester station, which is 1.3 kilometres away.
- 1.3kmChichester
- 3.3kmFishbourne (Sussex)
- 5.5kmBosham
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
