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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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Public records show 2B, Melville Street, Ryde to be a period leasehold apartment with 893 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
2B, Melville Street, Ryde has an estimated sale value of £132,506 and an estimated rental value of £736 per month, assuming reasonable condition and based on the information available.
Melville Street, Ryde, PO33 lies within the PO33 postal district.
2B, Melville Street, Ryde has 2 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated November 2022.
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.
In very good condition, we estimate 2B, Melville Street, Ryde would be worth £139,132, with a potential rental value of £773 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £123,231, with a rental value of £685 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2B, Melville Street, Ryde has declined by £3,965 (3.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £28 (3.8%). The property's estimated gross yield is currently 6.7%.
2B, Melville Street, Ryde has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Nov 2022.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
2B, Melville Street, Ryde last changed hands on 5th January 2018, selling for £105,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 43.5% since January 2018.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 350 metres of 2B, Melville Street, Ryde across the last 2 years.
Most recently, Flat 1, 30, George Street, Ryde, PO33 2EN, a leasehold flat, sold at £127,050 on the 9th December 2024.
Read more about house prices in PO33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 2B, Melville Street, Ryde as the 33rd largest and the 48th most expensive of the 91 addresses on Melville Street, Ryde, PO33.
Against the PO33 postcode district average, it is £139k less expensive than the typical property.
Ryde Hoverport station is the nearest stop to 2B, Melville Street, Ryde at 400 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 2B, Melville Street, Ryde, 57.1% of property is privately rented and 21.8% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2B, Melville Street, Ryde, 8.4% of residents are recorded as possessing school level qualifications and 22.8% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2B, Melville Street, Ryde, the average age was 45.9 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2B, Melville Street, Ryde, 0.4% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2B, Melville Street, Ryde, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
