Flat 1, 12
Flat 1, 12
Description & Estimates
According to the public record, Flat 1, 12, Melville Road, Birmingham is a period leasehold apartment with 1,011 ft2 of internal area.
Apartments 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 Flat 1, 12, Melville Road, Birmingham is £173,743 and the estimated rental value is £1,035 per month.
The apartment is within 12, Melville Road, Birmingham, B16.
Melville Road, Birmingham, B16 is located in the borough of Birmingham within the B16 postal district.
Our Data Sources
Flat 1, 12, Melville Road, Birmingham has 61 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated August 2024.
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.
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 Flat 1, 12, Melville Road, Birmingham is in very good condition we estimate a sale value of £182,430 and a rental value of £1,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,581 and a rental value of £963 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 12, Melville Road, Birmingham has dropped by £10,361 (6.0%), while its estimated rental value has fallen by £1 per month (0.1%). Based on current estimates, the property offers a gross rental yield of 7.1%.
Energy Efficiency
Flat 1, 12, Melville Road, Birmingham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 1, 12, Melville Road, Birmingham was last sold on 11th March 2021 for £170,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since March 2021, the market for similar properties has dropped by 13.8%.
- Sold Mar 2021£170,000
- Sold Jun 2007£152,000
- Sold Nov 2003£125,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 12, Melville Road, Birmingham within a radius of 450 metres over the last 2 years.
The most recent example is 1, Melville Hall, Birmingham, B16 9NJ, a leasehold flat which sold for £207,500 on the 11th September 2023.
Read more about house prices in B16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Melville Road, Birmingham, B16 has a total of 176 addresses. According to our analysis of all the public data, Flat 1, 12, Melville Road, Birmingham is the 29th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in B16.
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Schools Nearby
- 600mGeorge Dixon Primary School
- 1.1kmChad Vale Primary School
- 1.3kmCity Road Primary School
- 500mGeorge Dixon Academy
- 700mSt Paul's School for Girls
- 1.0kmLordswood Boys' School
More reading links
Public Transport Nearby
The closest station to Flat 1, 12, Melville Road, Birmingham is Five Ways station, which is 2.5 kilometres away.
- 2.5kmFive Ways
- 2.6kmUniversity (Birmingham)
- 2.9kmSmethwick Rolfe Street
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.
