According to the public record, 276, Merrow Street, London is a period freehold house with 785 ft2 of internal area and sits on a 83.2 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Merrow Street, London, SE17 is located in the borough of Southwark within the SE17 postal district.
276, Merrow Street, London has a single entry in the Land Registry database from December 2014 and a single entry in the EPC database dated July 2014.
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 276 Merrow Street London as £648,667 and the rental value as £3,705 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 276 Merrow Street London has increased by £11,486 (1.8%) and its rental value has increased by £213 per month (5.8%).
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 276, Merrow Street, London is in very good condition we estimate a sale value of £681,101 and rental value of £3,890 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £603,260 and a rental value of £3,446 per month.
If you were able to purchase this property for the estimated value of £648,667, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,188 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, 276, Merrow Street, London sits on a plot of 83m2.
We have plot size data on 13 out of 13 other houses in the postcode and 276, Merrow Street, London sits on the 5th largest plot.
According to HM Land Registry, 276, Merrow Street, London was last sold on 12 Dec 2014 for £517,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2014, the market for similar properties has risen 21.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 276, Merrow Street, London within a radius of 240 metres over the last 2 years.
The most recent example is 59, Wooler Street, London, SE17 2ED, a Freehold house which sold for £675,000 in Jul 2023.
Read more about house prices in SE17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merrow Street, London, SE17 has a total of 220 addresses. According to our analysis of all the public data, 276, Merrow Street, London is the 53rd largest and the 36th most expensive property on the street.
When compared to the postcode district it is £220k more expensive than the average property in SE17.
276, Merrow Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jul 2014.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 276, Merrow Street, London is Elephant & Castle station which is 1.2 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 276, Merrow Street, London, 60.8% of property is privately rented and 19.6% is socially 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 276, Merrow Street, London, 12.3% of residents are recorded as possessing school level qualifications and 59.0% 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 276, Merrow Street, London, the average age was 34.4 and the most common age was 27.
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 276, Merrow Street, London, 3.2% 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 276, Merrow Street, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.