According to the public record, 50, Melford Road, London is a period freehold house with 914 ft2 of internal area and sits on a 98.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Melford Road, London, E11 is located in the borough of Waltham Forest within the E11 postal district.
50, Melford Road, London has 41 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated April 2024.
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 50 Melford Road London as £614,596 and the rental value as £2,669 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 50 Melford Road London has increased by £30,119 (4.9%) and its rental value has increased by £161 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 50, Melford Road, London is in very good condition we estimate a sale value of £645,326 and rental value of £2,803 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £571,574 and a rental value of £2,483 per month.
If you were able to purchase this property for the estimated value of £614,596, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,021 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, 50, Melford Road, London sits on a plot of 99m2.
We have plot size data on 28 out of 40 other houses in the postcode and 50, Melford Road, London sits on the 30th largest plot.
According to HM Land Registry, 50, Melford Road, London was last sold on 17 Mar 2021 for £621,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Mar 2021, the market for similar properties has risen 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Melford Road, London within a radius of 330 metres over the last 2 years.
The most recent example is 19, Southwell Grove Road, London, E11 4PP, a Freehold house which sold for £591,500 in Mar 2023.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melford Road, London, E11 has a total of 104 addresses. According to our analysis of all the public data, 50, Melford Road, London is the 74th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £949 less expensive than the average property in E11.
50, Melford Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Apr 2024.
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 50, Melford Road, London is Leytonstone High Road station which is 200 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 50, Melford Road, London, 39.6% of property is privately rented and 30.2% 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 50, Melford Road, London, 15.8% of residents are recorded as possessing school level qualifications and 59.1% 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 50, Melford 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 50, Melford 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 50, Melford 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.