According to the public record, 4, Melon Road, London is a modern freehold house with 1,076 ft2 of internal area and sits on a 93.5 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melon Road, London, E11 is located in the borough of Waltham Forest within the E11 postal district.
4, Melon Road, London has 2 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated August 2023.
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 4 Melon Road London as £478,471 and the rental value as £2,039 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 4 Melon Road London has increased by £25,945 (5.4%) and its rental value has increased by £130 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 4, Melon Road, London is in very good condition we estimate a sale value of £502,395 and rental value of £2,141 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £444,978 and a rental value of £1,896 per month.
If you were able to purchase this property for the estimated value of £478,471, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,352 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, 4, Melon Road, London sits on a plot of 93m2.
We have plot size data on 9 out of 35 other houses in the postcode and 4, Melon Road, London sits on the 7th largest plot.
According to HM Land Registry, 4, Melon Road, London was last sold on 29 Sep 2023 for £394,700 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2023, the market for similar properties has risen 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Melon Road, London within a radius of 370 metres over the last 2 years.
The most recent example is 29, Melon Road, London, E11 4YJ, a Freehold house which sold for £500,000 in Mar 2023.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melon Road, London, E11 has a total of 41 addresses. According to our analysis of all the public data, 4, Melon Road, London is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in E11.
4, Melon Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Aug 2023.
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 4, Melon Road, London is Leytonstone High Road station which is 700 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 4, Melon Road, London, 77.1% of property is socially rented and 9.5% 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 4, Melon Road, London, 26.3% of residents are recorded as possessing school level qualifications and 33.7% 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 4, Melon Road, London, the average age was 35.3 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 4, Melon Road, London, 0.8% 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 4, Melon Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.