55, Melbourne Road
55, Melbourne Road
Description & Estimates
Public records show 55, Melbourne Road, Chichester to be a modern leasehold apartment with 387 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
55, Melbourne Road, Chichester has an estimated sale value of £110,845 and an estimated rental value of £686 per month, assuming reasonable condition and based on the information available.
Melbourne Road, Chichester, PO19 lies in the borough of Chichester, within the PO19 postal district.
Our Data Sources
55, Melbourne Road, Chichester has 41 entries in the Land Registry , most recently in August 2010 and a single entry in the EPC database dated July 2021.
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
In very good condition, we estimate 55, Melbourne Road, Chichester would be worth £116,387, with a potential rental value of £720 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £103,086, with a rental value of £638 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 55, Melbourne Road, Chichester has fallen by £3,234 (2.9%) over the last year. During the same period, its estimated monthly rental value has moved up by £25 (3.6%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
55, Melbourne Road, Chichester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jul 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
55, Melbourne Road, Chichester last changed hands on 20th August 2010, selling for £100,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 27.1% since August 2010.
- Sold Aug 2010£100,000
- Sold Feb 2007£103,000
- Sold Feb 2001£75,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 500 metres of 55, Melbourne Road, Chichester across the last 2 years.
Most recently, 51, Melbourne Road, Chichester, PO19 7JY, a leasehold flat, sold at £100,000 on the 30th June 2014.
Read more about house prices in PO19.
- Sold Jun 2014£100,000 | 2 Bed Flat51, Melbourne Road, Chichester, PO19 7JY51, Melbourne Road, Chichester, PO19 7JY
- Sold Sep 2012£80,000 | 2 Bed Flat46, Melbourne Road, Chichester, PO19 7JY46, Melbourne Road, Chichester, PO19 7JY
- Sold Aug 2011£83,000 | 1 Bed Flat45, Melbourne Road, Chichester, PO19 7JY45, Melbourne Road, Chichester, PO19 7JY
•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 55, Melbourne Road, Chichester as the 63rd largest and the 60th most expensive of the 71 addresses on Melbourne Road, Chichester, PO19.
Against the PO19 postcode district average, it is £280k less expensive than the typical property.
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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
Chichester station is the nearest stop to 55, Melbourne Road, Chichester at 1.3 kilometres away.
- 1.3kmChichester
- 3.3kmFishbourne (Sussex)
- 5.5kmBosham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
