According to the public record, 62, Mervan Road, London is a period freehold house with 1,559 ft2 of internal area and sits on a 164 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Mervan Road, London, SW2 is located in the borough of Lambeth within the SW2 postal district.
62, Mervan Road, London has 21 entries in the Land Registry database, most recently in January 2018 and a single entry in the EPC database dated June 2009.
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 62 Mervan Road London as £1,294,124 and the rental value as £4,963 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 62 Mervan Road London has increased by £22,916 (1.8%) and its rental value has increased by £169 per month (3.4%).
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 62, Mervan Road, London is in very good condition we estimate a sale value of £1,358,830 and rental value of £5,212 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,203,535 and a rental value of £4,616 per month.
If you were able to purchase this property for the estimated value of £1,294,124, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,360 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, 62, Mervan Road, London sits on a plot of 164m2.
We have plot size data on 7 out of 14 other houses in the postcode and 62, Mervan Road, London sits on the 5th largest plot.
According to HM Land Registry, 62, Mervan Road, London was last sold on 29 Jan 2018 for £1,200,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2018, the market for similar properties has risen 14.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Mervan Road, London within a radius of 280 metres over the last 2 years.
The most recent example is 48, Probert Road, London, SW2 1BW, a Freehold house which sold for £1,075,000 in Jan 2024.
Read more about house prices in SW2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mervan Road, London, SW2 has a total of 94 addresses. According to our analysis of all the public data, 62, Mervan Road, London is the 21st largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £743k more expensive than the average property in SW2.
62, Mervan Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Jun 2009.
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 62, Mervan Road, London is Brixton station which is 400 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 62, Mervan Road, London, 26.8% 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 62, Mervan Road, London, 16.1% of residents are recorded as possessing school level qualifications and 67.9% 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 62, Mervan Road, London, the average age was 35.7 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 62, Mervan Road, London, 0.0% 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 62, Mervan 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.