According to the public record, 10, Melrose Close, London is a modern house with 807 ft2 of internal area and sits on a 126 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melrose Close, London, SE12 is located in the borough of Lewisham within the SE12 postal district.
10, Melrose Close, London has no records in the Land Registry database and a single entry in the EPC database dated April 2015.
We combine this information with public data 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 10 Melrose Close London as £394,178 and the rental value as £1,988 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 10 Melrose Close London has increased by £9,831 (2.5%) and its rental value has increased by £121 per month (6.1%).
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 10, Melrose Close, London is in very good condition we estimate a sale value of £413,887 and rental value of £2,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,586 and a rental value of £1,849 per month.
If you were able to purchase this property for the estimated value of £394,178, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,937 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, 10, Melrose Close, London sits on a plot of 126m2.
We have plot size data on 15 out of 47 other houses in the postcode and 10, Melrose Close, London sits on the 11th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 10, Melrose Close, London within a radius of 490 metres over the last 2 years.
The most recent example is 2, Melrose Close, London, SE12 0AL, a Freehold house which sold for £395,000 in Sep 2021.
Read more about house prices in SE12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Close, London, SE12 has a total of 47 addresses. According to our analysis of all the public data, 10, Melrose Close, London is the 46th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in SE12.
10, Melrose Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Apr 2015.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 10, Melrose Close, London is Lee (London) 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 10, Melrose Close, London, 57.4% of property is socially rented and 18.1% is privately rented.
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 10, Melrose Close, London, 20.5% of residents are recorded as possessing school level qualifications and 37.0% 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 10, Melrose Close, London, the average age was 38.7 and the most common age was 37.
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 10, Melrose Close, London, 0.3% 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 10, Melrose Close, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.