According to the public record, 29, Merlin Road, London is a period freehold house with 1,840 ft2 of internal area and sits on a 348 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Merlin Road, London, E12 is located in the borough of Redbridge within the E12 postal district.
29, Merlin Road, London has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated May 2021.
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 29 Merlin Road London as £1,001,785 and the rental value as £3,313 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 29 Merlin Road London has increased by £12,652 (1.3%) and its rental value has increased by £89 per month (2.7%).
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 29, Merlin Road, London is in very good condition we estimate a sale value of £1,051,874 and rental value of £3,479 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £931,660 and a rental value of £3,081 per month.
If you were able to purchase this property for the estimated value of £1,001,785, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,923 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, 29, Merlin Road, London sits on a plot of 348m2.
We have plot size data on 14 out of 27 other houses in the postcode and 29, Merlin Road, London sits on the 2nd largest plot.
According to HM Land Registry, 29, Merlin Road, London was last sold on 25 Jun 2021 for £776,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Merlin Road, London within a radius of 910 metres over the last 2 years.
The most recent example is 48, St. Margarets Road, London, E12 5DP, a Freehold house which sold for £1,125,000 in Feb 2024.
Read more about house prices in E12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merlin Road, London, E12 has a total of 29 addresses. According to our analysis of all the public data, 29, Merlin Road, London is the largest and the most expensive property on the street.
When compared to the postcode district it is £577k more expensive than the average property in E12.
29, Merlin Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 May 2021.
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 29, Merlin Road, London is Manor Park 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 29, Merlin Road, London, 39.3% of property is privately owned outright and 32.1% 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 29, Merlin Road, London, 21.4% of residents are recorded as possessing school level qualifications and 56.3% 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 29, Merlin Road, London, the average age was 39.9 and the most common age was 42.
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 29, Merlin Road, London, 2.2% 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 29, Merlin Road, London, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.