According to the public record, 42, Mellows Road, Wallington is a period freehold house with 1,237 ft2 of internal area and sits on a 151 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mellows Road, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
42, Mellows Road, Wallington has 41 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated January 2022.
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 42 Mellows Road Wallington as £550,023 and the rental value as £2,519 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 42 Mellows Road Wallington has increased by £2,807 (0.5%) and its rental value has increased by £71 per month (2.8%).
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 42, Mellows Road, Wallington is in very good condition we estimate a sale value of £577,524 and rental value of £2,645 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £511,521 and a rental value of £2,343 per month.
If you were able to purchase this property for the estimated value of £550,023, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,703 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, 42, Mellows Road, Wallington sits on a plot of 151m2.
We have plot size data on 38 out of 63 other houses in the postcode and 42, Mellows Road, Wallington sits on the 9th largest plot.
According to HM Land Registry, 42, Mellows Road, Wallington was last sold on 22 Jul 2022 for £530,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Mellows Road, Wallington within a radius of 500 metres over the last 2 years.
The most recent example is 38, Mellows Road, Wallington, SM6 8PS, a Freehold house which sold for £550,000 in Oct 2022.
Read more about house prices in SM6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mellows Road, Wallington, SM6 has a total of 63 addresses. According to our analysis of all the public data, 42, Mellows Road, Wallington is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £109k more expensive than the average property in SM6.
42, Mellows Road, Wallington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jan 2022.
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 42, Mellows Road, Wallington is Wallington 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 42, Mellows Road, Wallington, 55.6% of property is privately owned with a mortgage and 30.3% is privately owned outright.
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 42, Mellows Road, Wallington, 26.0% 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 42, Mellows Road, Wallington, the average age was 35.6 and the most common age was 12.
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 42, Mellows Road, Wallington, 0.0% 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 42, Mellows Road, Wallington, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.