According to the public record, 42, Melrose Road, London is a modern freehold house with 2,960 ft2 of internal area and sits on a 269 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Melrose Road, London, SW18 is located in the borough of Wandsworth within the SW18 postal district.
42, Melrose Road, London has a single entry in the Land Registry database from December 2021 and a single entry in the EPC database dated June 2020.
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 good condition, we estimate the current sale value for 42 Melrose Road London as £2,245,275 and the rental value as £8,691 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 42 Melrose Road London has increased by £31,935 (1.4%) and its rental value has increased by £423 per month (4.9%).
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, Melrose Road, London is in very good condition we estimate a sale value of £2,357,539 and rental value of £9,126 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,088,106 and a rental value of £8,083 per month.
If you were able to purchase this property for the estimated value of £2,245,275, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £11,035 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, Melrose Road, London sits on a plot of 269m2.
According to HM Land Registry, 42, Melrose Road, London was last sold on 14 Dec 2021 for £2,250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2021, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Melrose Road, London within a radius of 410 metres over the last 2 years.
The most recent example is 18, Sispara Gardens, London, SW18 1LF, a Freehold house which sold for £2,400,000 in Aug 2023.
Read more about house prices in SW18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Road, London, SW18 has a total of 111 addresses. According to our analysis of all the public data, 42, Melrose Road, London is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £1.449m more expensive than the average property in SW18.
42, Melrose Road, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Jun 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 42, Melrose Road, London is Southfields station which is 800 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, Melrose Road, London, 37.4% of property is privately rented and 30.4% 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, Melrose Road, London, 14.8% of residents are recorded as possessing school level qualifications and 60.6% 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, Melrose Road, London, the average age was 37.3 and the most common age was 27.
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, Melrose Road, London, 1.5% 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, Melrose Road, 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.