Melbourne Road, Christchurch
MI

Melbourne Road, Christchurch

By Michael Adam Estate Agents

£ 132,000

Reviews

3 out of 5 stars

Michael Adam Estate Agents says ..

OFFERED FOR SALE ON A SHARED OWNERSHIP BASIS IS THIS DELIGHTFUL , EXTREMELY WELL PRESENTED SEMI DETACHED HOUSE. £132,000 IS THE SALE PRICE WHICH EQUATES TO 40% SHARE OF THE FULL ASKING PRICE AT £330,000. Accommodation of 2 double bedrooms, Lounge, Kitchen/Diner, Off road parking & well tended garden

Property Oracle says ..

This two-bedroom semi-detached house located on Melbourne Road in Christchurch, Dorset, is presented in excellent condition. The property boasts a modern interior with updated kitchen and bathroom facilities. The included garden offers a good amount of outside space. The location benefits from close proximity to several highly-rated schools and relatively easy access to railway connections to Bournemouth and beyond.

The price is offered on a shared ownership basis. The listed price of £132,000, representing 40% share, should be considered in relation to the overall property valuation of £330,000. Further investigation is advisable to thoroughly understand the shared ownership structure and implications. The potential for future value appreciation is dependent on several factors including ongoing investment in the area and wider fluctuations in the property market. Overall, this property presents a potentially appealing prospect, especially for first-time buyers or those seeking a manageable and well-maintained home in a desirable location, however potential buyers must factor in the shared ownership implications before proceeding.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
6
Bedrooms
2
Bathrooms
0
Sqft (est)
718.90

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
511,490.00 £
Increased by 9.81 %
from 465,811.00 £
Est sale value
354,417.70 £
Increased by 26.74 %
from 279,652.10 £
Average area rental value
1,456.00 £/mo
Decreased by 21.55 %
from 1,856.00 £/mo
Est letting value
718.90 £/mo
Unchanged by 0.00 %
from 718.90 £/mo
Est rental Yield
3.42 %
Decreased by 28.45 %
from 4.78 %
Crime Rate
9.00 %
Unchanged by 0.00 %
from 9.00 %

Agent Activity

  • Michael Adam Estate Agents marked this listing as sold.

  • Michael Adam Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Twynham Primary SchoolFree SchoolsGood1.36 KM
Christchurch Junior SchoolAcademy Converter1.37 KM
Christchurch Infant SchoolCommunity SchoolOutstanding1.42 KM
The Stable SchoolOther Independent Special SchoolGood1.43 KM
Christchurch Learning CentrePupil Referral UnitGood1.79 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Crofton Close £ 435,00000.00 KM
Canberra Close £ 675,00000.00 KM
Loring Road £ 172,22200.00 KM
Bailey Drive £ 000.00 KM
Ambleside £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Christchurch5879CHR1.71 KM
Pokesdown5885POK3.68 KM
Bournemouth5876BMH7.87 KM
Hinton Admiral5880HNA9.12 KM

Nearby Listings

AddressPriceTypeScoreDistance
Melbourne Road, Christchurch £ 132,000BUY7 / 100.00 KM
Melbourne Road, Christchurch, Dorset, BH23 £ 150,000BUY5 / 100.01 KM
Darwin Avenue, Christchurch £ 339,950BUY5 / 100.05 KM
Darwin Avenue, Christchurch £ 189,950BUY6 / 100.05 KM
Darwin Court, 40 Darwin Avenue, BH23 £ 270,000BUYUnknown0.05 KM

Nearby Properties

AddressPriceDistance
35 Melbourne Road £ 322,0000.01 KM
9 Melbourne Road £ 214,9500.01 KM
53 Melbourne Road £ 145,0000.01 KM
43 Melbourne Road £ 185,0000.01 KM
15 Melbourne Road £ 28,0000.01 KM