Flat 5, 45
Flat 5, 45
Description & Estimates
Flat 5, 45, Melville Street, Ryde appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 799 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 5, 45, Melville Street, Ryde is £150,555 and its rental estimate is £715 per month, given the available information and assuming reasonable condition.
45, Melville Street is a residential building on Melville Street, Ryde, PO33 and falls within the PO33 postal district.
Our Data Sources
Flat 5, 45, Melville Street, Ryde has 21 entries in the Land Registry , most recently in July 2022 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 3 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 Flat 5, 45, Melville Street, Ryde, we estimate a market value of £158,082 and a rental value of £751 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £140,016 and £665 per month respectively.
Recent Market Change
Over the last year, Flat 5, 45, Melville Street, Ryde has seen its estimated sale value fall by £5,076 (3.4%) and its estimated rental value move up by £24 per month (3.4%). This results in an estimated gross rental yield of 5.7%.
Sold Prices
The most recent sale of Flat 5, 45, Melville Street, Ryde completed on 15th July 2022 at £187,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 4.3% over the period since July 2022.
- Sold Jul 2022£187,000
- Sold Jul 1998£43,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, 45, Melville Street, Ryde have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd February 2026, was 2, Spencer Road, Ryde, PO33 2NZ, a leasehold flat which sold for £167,100.
Read more about house prices in PO33.
- Sold Feb 2026£167,100 | 2 Bed FlatSpencer Road2, Spencer Road, Ryde, PO33 2NZ
- Sold Oct 2024£162,500 | 2 Bed FlatBelvedere Lodge 6, Belvedere StreetFlat 1, Belvedere Lodge 6, Belvedere Street, Ryde, PO33 2JN
- Sold Dec 2023£163,000 | 2 Bed Flat18, Belvedere StreetFlat B, 18, Belvedere Street, Ryde, PO33 2JW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 91 addresses on Melville Street, Ryde, PO33, Flat 5, 45, Melville Street, Ryde comes out as the 35th largest and the 37th most expensive in our analysis of the public data.
It is also £121k less expensive than the average property across the PO33 district.
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Schools Nearby
- 300mDover Park Primary School
- 900mSt Mary's Catholic Primary School
- 1.1kmOakfield Church of England Aided Primary School, Ryde
- 1.2kmLift Ryde
- 6.4kmKing's Academy Bay House
- 8.8kmMedina College
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Public Transport Nearby
From Flat 5, 45, Melville Street, Ryde, the nearest station is Ryde Hoverport, 400 metres away.
- 400mRyde Hoverport
- 400mRyde Esplanade
- 600mRyde St Johns Road
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.
