According to the public record, 48, Melville Road, London is a period freehold house with 1,657 ft2 of internal area and sits on a 152 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Melville Road, London, E17 is located in the borough of Waltham Forest within the E17 postal district.
48, Melville Road, London has a single entry in the Land Registry database from August 2016 and a single entry in the EPC database dated July 2019.
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 48 Melville Road London as £929,422 and the rental value as £3,750 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 48 Melville Road London has increased by £33,137 (3.6%) and its rental value has increased by £143 per month (3.8%).
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 48, Melville Road, London is in very good condition we estimate a sale value of £975,893 and rental value of £3,938 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £864,362 and a rental value of £3,488 per month.
If you were able to purchase this property for the estimated value of £929,422, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,568 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, 48, Melville Road, London sits on a plot of 152m2.
We have plot size data on 18 out of 32 other houses in the postcode and 48, Melville Road, London sits on the 18th largest plot.
According to HM Land Registry, 48, Melville Road, London was last sold on 19 Aug 2016 for £215,325 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2016, the market for similar properties has risen 18.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Melville Road, London within a radius of 340 metres over the last 2 years.
The most recent example is 35, Wolsey Avenue, London, E17 6RE, a Freehold house which sold for £970,000 in Aug 2023.
Read more about house prices in E17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melville Road, London, E17 has a total of 96 addresses. According to our analysis of all the public data, 48, Melville Road, London is the 7th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £374k more expensive than the average property in E17.
48, Melville Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jul 2019.
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 48, Melville Road, London is Walthamstow Queen's 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 48, Melville Road, London, 47.6% of property is privately owned with a mortgage and 25.0% 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 48, Melville Road, London, 18.4% of residents are recorded as possessing school level qualifications and 56.5% 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 48, Melville Road, London, the average age was 34.4 and the most common age was 42.
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 48, Melville Road, London, 0.4% 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 48, Melville 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.