According to the public record, 3, Melbourne Road, London is a period freehold house with 1,162 ft2 of internal area and sits on a 143 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Melbourne Road, London, E10 is located in the borough of Waltham Forest within the E10 postal district.
3, Melbourne Road, London has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated April 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 3 Melbourne Road London as £686,035 and the rental value as £2,789 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 3 Melbourne Road London has increased by £30,960 (4.5%) and its rental value has increased by £140 per month (5.0%).
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 3, Melbourne Road, London is in very good condition we estimate a sale value of £720,337 and rental value of £2,928 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £638,012 and a rental value of £2,593 per month.
If you were able to purchase this property for the estimated value of £686,035, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,372 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, 3, Melbourne Road, London sits on a plot of 143m2.
We have plot size data on 25 out of 45 other houses in the postcode and 3, Melbourne Road, London sits on the 13th largest plot.
According to HM Land Registry, 3, Melbourne Road, London was last sold on 29 Jun 2021 for £690,000 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 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Melbourne Road, London within a radius of 310 metres over the last 2 years.
The most recent example is 31, Shortlands Road, London, E10 7AH, a Freehold house which sold for £489,000 in Aug 2023.
Read more about house prices in E10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Road, London, E10 has a total of 74 addresses. According to our analysis of all the public data, 3, Melbourne Road, London is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £174k more expensive than the average property in E10.
3, Melbourne Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Apr 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 3, Melbourne Road, London is Leyton Midland Road station which is 600 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 3, Melbourne Road, London, 34.1% of property is socially rented and 25.0% 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 3, Melbourne Road, London, 20.1% of residents are recorded as possessing school level qualifications and 36.2% 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 3, Melbourne Road, London, the average age was 34.7 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 3, Melbourne Road, 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 3, Melbourne Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.