Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
According to the public record, Flat 14, 16, Melbourne Road, Bushey is a modern leasehold apartment with 1,216 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 14, 16, Melbourne Road, Bushey is £488,812 and the estimated rental value is £1,978 per month.
The apartment is within 16, Melbourne Road, Bushey, WD23.
Melbourne Road, Bushey, WD23 is located in the borough of Hertsmere within the WD23 postal district.
Flat 14, 16, Melbourne Road, Bushey has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated November 2023.
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.
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 14, 16, Melbourne Road, Bushey is in very good condition we estimate a sale value of £513,253 and a rental value of £2,077 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £454,595 and a rental value of £1,839 per month.
Over the last 12 months the sale value of Flat 14 16 Melbourne Road Bushey has decreased by an estimated £12,248 (2.5%) and its rental value has decreased by an estimated £3 per month (0.2%), giving an expected gross yield of 4.9%.
Flat 14, 16, Melbourne Road, Bushey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 14, 16, Melbourne Road, Bushey was last sold on 28th March 2024 for £450,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2024, the market for similar properties has dropped 14.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 14, 16, Melbourne Road, Bushey within a radius of 560 metres over the last 2 years.
The most recent example is 48A, High Street, Bushey, WD23 3HL, a leasehold flat which sold for £250,000 on the 29th April 2021.
Read more about house prices in WD23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Road, Bushey, WD23 has a total of 171 addresses. According to our analysis of all the public data, Flat 14, 16, Melbourne Road, Bushey is the 15th largest and the 98th most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in WD23.
The nearest school is Ashfield Junior School which is 400 metres away. The nearest train station is Bushey which is 1.8 kilometres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
