According to the public record, 34, Merriam Close, London is a modern leasehold apartment with 936 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Merriam Close, London, E4 is located in the borough of Waltham Forest within the E4 postal district.
34, Merriam Close, London has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated January 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 34 Merriam Close London as £488,586 and the rental value as £2,012 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 34 Merriam Close London has increased by £17,491 (3.6%) and its rental value has increased by £65 per month (3.2%).
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 34, Merriam Close, London is in very good condition we estimate a sale value of £513,015 and rental value of £2,112 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £454,385 and a rental value of £1,871 per month.
If you were able to purchase this property for the estimated value of £488,586, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,401 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 HM Land Registry, 34, Merriam Close, London was last sold on 02 Mar 2021 for £467,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 3.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Merriam Close, London within a radius of 460 metres over the last 2 years.
The most recent example is 30, Hickman Avenue, London, E4 9FU, a Leasehold flat which sold for £515,000 in May 2022.
Read more about house prices in E4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merriam Close, London, E4 has a total of 119 addresses. According to our analysis of all the public data, 34, Merriam Close, London is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £25k less expensive than the average property in E4.
34, Merriam Close, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Jan 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 34, Merriam Close, London is Highams Park station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 34, Merriam Close, London, 51.4% of property is privately owned with a mortgage and 17.9% 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 34, Merriam Close, London, 16.9% of residents are recorded as possessing school level qualifications and 45.1% 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 34, Merriam Close, London, the average age was 40.9 and the most common age was 52.
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 34, Merriam Close, London, 0.9% 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 34, Merriam Close, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.