According to the public record, 24, Melville Road, Bournemouth is a period freehold house with 1,323 ft2 of internal area and sits on a 327 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Melville Road, Bournemouth, BH9 is located within the BH9 postal district.
24, Melville Road, Bournemouth has a single entry in the Land Registry database from October 2007 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 24 Melville Road Bournemouth as £384,826 and the rental value as £1,902 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 24 Melville Road Bournemouth has increased by £3,135 (0.8%) and its rental value has increased by £59 per month (3.1%).
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 24, Melville Road, Bournemouth is in very good condition we estimate a sale value of £404,068 and rental value of £1,997 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £357,888 and a rental value of £1,769 per month.
If you were able to purchase this property for the estimated value of £384,826, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,891 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 24, Melville Road, Bournemouth sits on a plot of 327m2.
We have plot size data on 17 out of 23 other houses in the postcode and 24, Melville Road, Bournemouth sits on the 9th largest plot.
According to HM Land Registry, 24, Melville Road, Bournemouth was last sold on 10 Oct 2007 for £249,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2007, the market for similar properties has risen 62.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Melville Road, Bournemouth within a radius of 440 metres over the last 2 years.
The most recent example is 17, Maple Road, Bournemouth, BH9 2PN, a Freehold house which sold for £407,195 in Jun 2021.
Read more about house prices in BH9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melville Road, Bournemouth, BH9 has a total of 27 addresses. According to our analysis of all the public data, 24, Melville Road, Bournemouth is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £5k more expensive than the average property in BH9.
24, Melville Road, Bournemouth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 24, Melville Road, Bournemouth is Bournemouth station which is 2.2 kilometres away.
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 24, Melville Road, Bournemouth, 61.9% of property is privately rented and 20.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 24, Melville Road, Bournemouth, 51.3% of residents are recorded as possessing school level qualifications and 25.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 24, Melville Road, Bournemouth, the average age was 33.6 and the most common age was 22.
The graph below shows how this compares to South West 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 24, Melville Road, Bournemouth, 0.0% of property was a second home.
Comparison figures for South West 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 24, Melville Road, Bournemouth, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.