8A, Melrose Avenue
8A, Melrose Avenue
Description & Estimates
According to the public record, 8A, Melrose Avenue, West Bromwich is a modern freehold house with 861 ft2 of internal area and sits on a 237 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8A, Melrose Avenue, West Bromwich is £246,096 and the estimated rental value is £1,330 per month.
Melrose Avenue, West Bromwich, B71 is located in the borough of Sandwell within the B71 postal district.
Our Data Sources
8A, Melrose Avenue, West Bromwich has a single entry in the Land Registry from May 2019 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 8A, Melrose Avenue, West Bromwich is in very good condition we estimate a sale value of £258,400 and a rental value of £1,396 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,869 and a rental value of £1,236 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8A, Melrose Avenue, West Bromwich has risen by £7,463 (3.0%), while its estimated rental value has moved up by £58 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 6.5%.
Plot Size
According to data from HM Land Registry, 8A, Melrose Avenue, West Bromwich sits on a plot of 237 m2.
We have plot size data on 13 out of 19 other houses in the postcode and 8A, Melrose Avenue, West Bromwich sits on the 8th largest plot.
Energy Efficiency
8A, Melrose Avenue, West Bromwich has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Sep 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 8A, Melrose Avenue, West Bromwich was last sold on 31st May 2019 for £195,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2019, the market for similar properties has risen by 33.8%.
- Sold May 2019£195,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8A, Melrose Avenue, West Bromwich within a radius of 600 metres over the last 2 years.
The most recent example is 8D, Melrose Avenue, West Bromwich, B71 2LW, a freehold house which sold for £193,000 on the 11th July 2019.
Read more about house prices in B71.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Melrose Avenue, West Bromwich, B71 has a total of 27 addresses. According to our analysis of all the public data, 8A, Melrose Avenue, West Bromwich is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £34k more expensive than the average property in B71.
More reading links
Schools Nearby
- 200mHall Green Primary School
- 700mPennyhill Primary School
- 700mThe Priory Primary School
- 800mThe Phoenix Collegiate
- 900mWodensborough Ormiston Academy
- 2.4kmWood Green Academy
More reading links
Public Transport Nearby
The closest station to 8A, Melrose Avenue, West Bromwich is Tame Bridge Parkway station, which is 1.4 kilometres away.
- 1.4kmTame Bridge Parkway
- 2.1kmBescot Stadium
- 4.2kmSandwell & Dudley
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.
