According to the public record, Melita, Plymouth is a period freehold house with 602 ft2 of internal area and sits on a 119 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Newton Hill, Newton Ferrers, Plymouth, PL8 is located in the borough of South Hams within the PL8 postal district.
Melita, Plymouth has 2 entries in the Land Registry database, most recently in April 2019 and a single entry in the EPC database dated November 2021.
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 Melita Plymouth as £432,440 and the rental value as £1,257 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of Melita Plymouth has increased by £4,013 (0.9%) and its rental value has increased by £47 per month (3.7%).
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 Melita, Plymouth is in very good condition we estimate a sale value of £454,062 and rental value of £1,319 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,169 and a rental value of £1,169 per month.
If you were able to purchase this property for the estimated value of £432,440, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,125 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, Melita, Plymouth sits on a plot of 119m2.
We have plot size data on 3 out of 3 other houses in the postcode and Melita, Plymouth sits on the 2nd largest plot.
According to HM Land Registry, Melita, Plymouth was last sold on 04 Apr 2019 for £335,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2019, the market for similar properties has risen 31.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Melita, Plymouth within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 23, Plymouth, PL8 1EN, a Freehold house which sold for £337,000 in Jan 2017.
Read more about house prices in PL8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newton Hill, Newton Ferrers, Plymouth, PL8 has a total of 47 addresses. According to our analysis of all the public data, Melita, Plymouth is the 21st largest and the 17th most expensive property on the street.
When compared to the postcode district it is £112k less expensive than the average property in PL8.
Melita, Plymouth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Nov 2021.
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 Melita, Plymouth is Plymouth station which is 10.2 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 Melita, Plymouth, 53.0% of property is privately owned outright and 20.1% 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 Melita, Plymouth, 7.5% of residents are recorded as possessing school level qualifications and 56.8% 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 Melita, Plymouth, the average age was 48.5 and the most common age was 72.
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 Melita, Plymouth, 3.6% 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 Melita, Plymouth, there are an average of 1.5 cars per household.
See below for how this compares to South West and the rest of England & Wales.