According to the public record, 51, Melville Avenue, South Croydon is a mid-century freehold house with 2,055 ft2 of internal area and sits on a 978 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Melville Avenue, South Croydon, CR2 is located in the borough of Croydon within the CR2 postal district.
51, Melville Avenue, South Croydon has 21 entries in the Land Registry database, most recently in March 2014 and a single entry in the EPC database dated November 2013.
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 51 Melville Avenue South Croydon as £1,021,238 and the rental value as £2,744 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of 51 Melville Avenue South Croydon has decreased by £19,292 (1.9%) and its rental value has increased by £4 per month (0.1%).
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 51, Melville Avenue, South Croydon is in very good condition we estimate a sale value of £1,072,299 and rental value of £2,881 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £949,751 and a rental value of £2,552 per month.
If you were able to purchase this property for the estimated value of £1,021,238, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,019 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, 51, Melville Avenue, South Croydon sits on a plot of 978m2.
We have plot size data on 8 out of 18 other houses in the postcode and 51, Melville Avenue, South Croydon sits on the 4th largest plot.
According to HM Land Registry, 51, Melville Avenue, South Croydon was last sold on 21 Mar 2014 for £640,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2014, the market for similar properties has risen 39.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Melville Avenue, South Croydon within a radius of 780 metres over the last 2 years.
The most recent example is 59, Melville Avenue, South Croydon, CR2 7HZ, a Freehold house which sold for £730,000 in Nov 2023.
Read more about house prices in CR2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melville Avenue, South Croydon, CR2 has a total of 52 addresses. According to our analysis of all the public data, 51, Melville Avenue, South Croydon is the 12th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £525k more expensive than the average property in CR2.
51, Melville Avenue, South Croydon has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 Nov 2013.
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 51, Melville Avenue, South Croydon is South Croydon station which is 1.0 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 51, Melville Avenue, South Croydon, 48.8% of property is privately owned outright and 37.4% 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 51, Melville Avenue, South Croydon, 13.4% of residents are recorded as possessing school level qualifications and 52.2% 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 51, Melville Avenue, South Croydon, the average age was 37.9 and the most common age was 32.
The graph below shows how this compares to Greater London 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 51, Melville Avenue, South Croydon, 2.1% of property was a second home.
Comparison figures for Greater London 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 51, Melville Avenue, South Croydon, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.