148B, Melbourne Grove
148B, Melbourne Grove
Description & Estimates
148B, Melbourne Grove appears in the public record as a leasehold apartment.
We estimate it to be a mid-century apartment with 298 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 148B, Melbourne Grove is £245,929 and its rental estimate is £1,133 per month, given the available information and assuming reasonable condition.
148, Melbourne Grove is a residential building on Melbourne Grove, London, SE22 and falls within the SE22 postal district and the London Borough of Southwark.
Our Data Sources
148B, Melbourne Grove has a single entry in the Land Registry from May 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 148B, Melbourne Grove, we estimate a market value of £258,226 and a rental value of £1,190 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £228,714 and £1,054 per month respectively.
Recent Market Change
Over the last year, 148B, Melbourne Grove has seen its estimated sale value rise by £2,331 (0.9%) and its estimated rental value move up by £77 per month (6.8%). This results in an estimated gross rental yield of 5.5%.
Sold Prices
The most recent sale of 148B, Melbourne Grove completed on 16th May 2008 at £125,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 69.2% over the period since May 2008.
- Sold May 2008£125,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 360 metres of 148B, Melbourne Grove, per the Land Registry and our network of Estate Agents.
The latest, on the 7th August 2023, was 146, Melbourne Grove, London, SE22 8SA, a freehold house which sold for £1,053,700.
Read more about house prices in SE22.
- Sold Aug 2023£1,053,700 | 4 Bed House146, Melbourne Grove, London, SE22 8SA146, Melbourne Grove, London, SE22 8SA
- Sold Jun 2021£510,000 | 3 Bed House6, Dulwich Lawn Close, London, SE22 8QT6, Dulwich Lawn Close, London, SE22 8QT
- Sold Aug 2016£350,000 | 1 Bed Flat7, Dulwich Lawn Close, London, SE22 8QT7, Dulwich Lawn Close, London, SE22 8QT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 220 addresses on Melbourne Grove, London, SE22, 148B, Melbourne Grove comes out as the 216th largest and the 218th most expensive in our analysis of the public data.
It is also £502k less expensive than the average property across the SE22 district.
More reading links
Schools Nearby
- 200mHarris Primary Academy East Dulwich
- 500mHeber Primary School
- 600mGoose Green Primary and Nursery School
- 400mThe Charter School East Dulwich
- 800mThe Charter School North Dulwich
- 900mHarris Boys' Academy East Dulwich
More reading links
Public Transport Nearby
From 148B, Melbourne Grove, the nearest station is East Dulwich, 600 metres away.
- 600mEast Dulwich
- 700mNorth Dulwich
- 1.5kmDenmark Hill
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.
