According to the public record, 1, Melrose Gardens, Edgware is a early-century freehold house with 1,065 ft2 of internal area and sits on a 450 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melrose Gardens, Edgware, HA8 is located in the borough of Brent within the HA8 postal district.
1, Melrose Gardens, Edgware has a single entry in the Land Registry database from February 2022 and a single entry in the EPC database dated September 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 1 Melrose Gardens Edgware as £748,652 and the rental value as £2,574 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 1 Melrose Gardens Edgware has increased by £8,837 (1.2%) and its rental value has increased by £126 per month (4.9%).
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 1, Melrose Gardens, Edgware is in very good condition we estimate a sale value of £786,085 and rental value of £2,703 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £696,247 and a rental value of £2,394 per month.
If you were able to purchase this property for the estimated value of £748,652, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,679 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, 1, Melrose Gardens, Edgware sits on a plot of 450m2.
We have plot size data on 13 out of 34 other houses in the postcode and 1, Melrose Gardens, Edgware sits on the 2nd largest plot.
According to HM Land Registry, 1, Melrose Gardens, Edgware was last sold on 28 Feb 2022 for £755,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Melrose Gardens, Edgware within a radius of 460 metres over the last 2 years.
The most recent example is 59, Tintern Avenue, London, NW9 0RH, a Freehold house which sold for £700,000 in Feb 2024.
Read more about house prices in HA8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Gardens, Edgware, HA8 has a total of 34 addresses. According to our analysis of all the public data, 1, Melrose Gardens, Edgware is the 29th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £229k more expensive than the average property in HA8.
1, Melrose Gardens, Edgware has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Sep 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 1, Melrose Gardens, Edgware is Burnt Oak station which is 900 metres 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 1, Melrose Gardens, Edgware, 48.0% of property is privately owned outright and 27.6% 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 1, Melrose Gardens, Edgware, 15.7% of residents are recorded as possessing school level qualifications and 41.5% 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 1, Melrose Gardens, Edgware, the average age was 38.2 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 1, Melrose Gardens, Edgware, 0.5% 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 1, Melrose Gardens, Edgware, there are an average of 1.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.