According to the public record, 478, Merton Road, London is a modern freehold house with 1,420 ft2 of internal area and sits on a 389 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Merton Road, London, SW18 is located in the borough of Wandsworth within the SW18 postal district.
478, Merton Road, London has 2 entries in the Land Registry database, most recently in January 2011 and a single entry in the EPC database dated October 2010.
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 478 Merton Road London as £1,134,504 and the rental value as £4,757 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 478 Merton Road London has increased by £35,599 (3.1%) and its rental value has increased by £285 per month (6.0%).
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 478, Merton Road, London is in very good condition we estimate a sale value of £1,191,229 and rental value of £4,994 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,055,089 and a rental value of £4,424 per month.
If you were able to purchase this property for the estimated value of £1,134,504, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,576 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, 478, Merton Road, London sits on a plot of 389m2.
We have plot size data on 11 out of 23 other houses in the postcode and 478, Merton Road, London sits on the 6th largest plot.
According to HM Land Registry, 478, Merton Road, London was last sold on 07 Jan 2011 for £675,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2011, the market for similar properties has risen 65.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 478, Merton Road, London within a radius of 320 metres over the last 2 years.
The most recent example is 456, Merton Road, London, SW18 5AE, a Freehold house which sold for £1,365,000 in Jul 2022.
Read more about house prices in SW18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merton Road, London, SW18 has a total of 665 addresses. According to our analysis of all the public data, 478, Merton Road, London is the 53rd largest and the 40th most expensive property on the street.
When compared to the postcode district it is £338k more expensive than the average property in SW18.
478, Merton Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Oct 2010.
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 478, Merton Road, London is Earlsfield station which is 600 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 478, Merton Road, London, 45.0% of property is privately owned with a mortgage and 30.2% 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 478, Merton Road, London, 11.2% of residents are recorded as possessing school level qualifications and 79.5% 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 478, Merton Road, London, the average age was 35.1 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 478, Merton Road, London, 0.3% 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 478, Merton Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.