According to the public record, 3, Melrose Drive, Southall is a mid-century apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 3, Melrose Drive, Southall, UB1.
Melrose Drive, Southall, UB1 is located in the borough of Ealing within the UB1 postal district.
3, Melrose Drive, Southall has no records in the Land Registry database and a single entry in the EPC database dated December 2013.
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 3 Melrose Drive Southall as £296,829 and the rental value as £1,309 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 3 Melrose Drive Southall has increased by £6,406 (2.2%) and its rental value has increased by £84 per month (6.4%).
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, Melrose Drive, Southall is in very good condition we estimate a sale value of £311,671 and rental value of £1,374 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,051 and a rental value of £1,217 per month.
If you were able to purchase this property for the estimated value of £296,829, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,459 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Melrose Drive, Southall within a radius of 500 metres over the last 2 years.
The most recent example is 11A, Melrose Drive, Southall, UB1 3QA, a Leasehold flat which sold for £300,000 in Jun 2023.
Read more about house prices in UB1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Drive, Southall, UB1 has a total of 30 addresses. According to our analysis of all the public data, 3, Melrose Drive, Southall is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in UB1.
3, Melrose Drive, Southall has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Dec 2013.
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, Melrose Drive, Southall is Southall 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 3, Melrose Drive, Southall, 33.9% of property is privately owned outright and 32.2% 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, Melrose Drive, Southall, 26.5% of residents are recorded as possessing school level qualifications and 33.1% 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, Melrose Drive, Southall, the average age was 38 and the most common age was 47.
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, Melrose Drive, Southall, 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, Melrose Drive, Southall, 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.