According to the public record, 37, Merridene, London is a leasehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 936 ft2 of internal area and sits on a 4,764 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Merridene, London, N21 is located in the borough of Enfield within the N21 postal district.
37, Merridene, London has a single entry in the Land Registry database from February 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 37 Merridene London as £751,138 and the rental value as £3,136 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 37 Merridene London has increased by £16,766 (2.2%) and its rental value has increased by £196 per month (6.3%).
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 37, Merridene, London is in very good condition we estimate a sale value of £788,695 and rental value of £3,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £698,558 and a rental value of £2,916 per month.
If you were able to purchase this property for the estimated value of £751,138, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,692 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, 37, Merridene, London sits on a plot of 4764m2.
We have plot size data on 12 out of 17 other houses in the postcode and 37, Merridene, London sits on the largest plot.
According to HM Land Registry, 37, Merridene, London was last sold on 08 Feb 2006 for £243,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37, Merridene, London within a radius of 620 metres over the last 2 years.
The most recent example is 66, Hadley Way, London, N21 1AN, a Freehold house which sold for £740,000 in Oct 2023.
Read more about house prices in N21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merridene, London, N21 has a total of 50 addresses. According to our analysis of all the public data, 37, Merridene, London is the 20th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £8k more expensive than the average property in N21.
The closest station to 37, Merridene, London is Grange Park station which is 200 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 37, Merridene, London, 45.4% of property is privately owned outright and 36.2% 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 37, Merridene, London, 20.7% of residents are recorded as possessing school level qualifications and 50.0% 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 37, Merridene, London, the average age was 44.3 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 37, Merridene, 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 37, Merridene, London, there are an average of 1.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.