According to the public record, 51, Melford Road, London is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 803 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Melford Road, London, E17 is located in the borough of Waltham Forest within the E17 postal district.
51, Melford Road, London has 31 entries in the Land Registry database, most recently in April 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 51 Melford Road London as £609,154 and the rental value as £2,434 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 51 Melford Road London has increased by £25,107 (4.1%) and its rental value has increased by £107 per month (4.4%).
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 51, Melford Road, London is in very good condition we estimate a sale value of £639,611 and rental value of £2,556 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £566,513 and a rental value of £2,264 per month.
If you were able to purchase this property for the estimated value of £609,154, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,994 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 HM Land Registry, 51, Melford Road, London was last sold on 09 Apr 2009 for £185,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2009, the market for similar properties has risen 195.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Melford Road, London within a radius of 330 metres over the last 2 years.
The most recent example is 60, Woodville Road, London, E17 7EP, a Freehold house which sold for £625,000 in Aug 2023.
Read more about house prices in E17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melford Road, London, E17 has a total of 59 addresses. According to our analysis of all the public data, 51, Melford Road, London is the 45th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in E17.
The closest station to 51, Melford Road, London is St James Street station which is 500 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 51, Melford Road, London, 39.4% of property is privately owned with a mortgage and 27.7% 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 51, Melford Road, London, 17.8% of residents are recorded as possessing school level qualifications and 50.2% 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 51, Melford Road, London, the average age was 34.4 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 51, Melford Road, London, 1.1% 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 51, 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.