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According to the public record, Melrose, Oxted is a mid-century freehold house with 1,399 ft2 of internal area and sits on a 544 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Melrose, Oxted is £784,087 and the estimated rental value is £2,905 per month.
Broomlands Lane, Oxted, RH8 is located in the borough of Tandridge within the RH8 postal district.
Melrose, Oxted has a single entry in the Land Registry from October 2015 and a single entry in the EPC database dated February 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.
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 Melrose, Oxted is in very good condition we estimate a sale value of £823,292 and a rental value of £3,051 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £729,201 and a rental value of £2,702 per month.
Over the last 12 months the sale value of Melrose Oxted has decreased by an estimated £16,309 (2.1%) and its rental value has increased by an estimated £115 per month (4.0%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, Melrose, Oxted sits on a plot of 544m2.
We have plot size data on 5 out of 10 other houses in the postcode and Melrose, Oxted sits on the 5th largest plot.
Melrose, Oxted has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Melrose, Oxted was last sold on 21st October 2015 for £595,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since October 2015, the market for similar properties has risen 19.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Melrose, Oxted within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 45, Stoneleigh Road, Oxted, RH8 0TP, a freehold house which sold for £657,000 on the 8th October 2020.
Read more about house prices in RH8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broomlands Lane, Oxted, RH8 has a total of 10 addresses. According to our analysis of all the public data, Melrose, Oxted is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in RH8.
The closest station to Melrose, Oxted is Oxted station which is 3.0 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Melrose, Oxted, 43.5% of property is privately owned outright and 28.7% is privately rented.
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 Melrose, Oxted, 13.0% of residents are recorded as possessing school level qualifications and 43.6% 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 Melrose, Oxted, the average age was 44.5 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 Melrose, Oxted, 1.4% 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 Melrose, Oxted, there are an average of 2.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
