Conran Estates says ..
Guide Price £450,000 - £475,000 This charming two-bedroom, one bathroom terrace house is in exceptional condition and offers a fantastic living space in a desirable location.
Property Oracle says ..
This 2-bedroom, 1-bathroom terraced house in Melrose Close, Lee, SE12, presents itself as a reasonably well-maintained property in a convenient location. The property’s close proximity to two Southeastern train stations (Lee and Grove Park) offers excellent commuter links, and the presence of several highly-rated primary schools nearby enhances its appeal to families. The internal photos suggest a well-presented, move-in-ready condition, with modern kitchen and bathroom fittings. The inclusion of a small but usable rear garden further adds to the property’s family-friendly appeal. However, a full evaluation requires more data. The provided data concerning comparative property pricing is lacking in detail, making it difficult to determine if the asking price of £450,000 represents good value. More information on similar properties and square footage in the surrounding area is vital for a definitive conclusion on this key aspect of the property. In summary, this property is a reasonable proposition that requires more analysis regarding location and price to fully determine its market positioning.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 7
- Location
- 7
- Land
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 826.67
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 518,733.00 £Increased by 7.95 %
- Est sale value
- 410,028.32 £Increased by 14.02 %
- Average area rental value
- 2,530.00 £/moIncreased by 39.55 %
- Est letting value
- 1,653.34 £/moIncreased by 100.00 %
- Est rental Yield
- 5.85 %Increased by 29.14 %
- Crime Rate
- 2.00 %Unchanged by 0.00 %
Agent Activity
Conran Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Cooper'S Lane Primary School | Community School | Good | 0.50 KM |
| Horn Park Primary School | Academy Converter | Good | 0.59 KM |
| Baring Primary School | Community School | Good | 0.74 KM |
| Colfe'S School | Other Independent School | 0.98 KM | |
| Haberdashers' Aske'S Knights Temple Grove | Academy Converter | 1.12 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Stratfield House | £ 0 | 0 | 0.00 KM |
| Westhorne Avenue | £ 350,000 | 0 | 0.00 KM |
| Palace View | £ 0 | 0 | 0.00 KM |
| Eversfielld Court | £ 0 | 0 | 0.00 KM |
| Gavestone Crescent | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Lee | 5110 | LEE | 1.19 KM |
| Grove Park | 5139 | GRP | 1.21 KM |
| Kidbrooke | 5108 | KDB | 2.41 KM |
| Hither Green | 5107 | HGR | 2.64 KM |
| Blackheath | 5095 | BKH | 2.98 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Melrose Close, Lee, SE12 | £ 450,000 | BUY | 6 / 10 | 0.00 KM |
| Burnt Ash Hill, Lee | £ 790,000 | BUY | 6 / 10 | 0.12 KM |
| Corona Road, Lee | £ 425,000 | BUY | 7 / 10 | 0.12 KM |
| Nicholas Court, Burnt Ash Hill, Lee, London | £ 240,000 | BUY | Unknown | 0.15 KM |
| Burnt Ash Hill, Lee | £ 300,000 | BUY | 6 / 10 | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 16 Melrose Close | £ 200,000 | 0.02 KM |
| 31 Melrose Close | £ 380,000 | 0.02 KM |
| 33 Melrose Close | £ 190,000 | 0.02 KM |
| 2 Melrose Close | £ 395,000 | 0.02 KM |
| 40 Melrose Close | £ 188,500 | 0.02 KM |