According to the public record, 7 Melford Court, London is a modern freehold house with 1,079 ft2 of internal area and sits on a 49 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fendall Street, London, SE1 is located in the borough of Southwark within the SE1 postal district.
7 Melford Court, London has 41 entries in the Land Registry database, most recently in April 2018 and a single entry in the EPC database dated October 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 7 Melford Court London as £739,796 and the rental value as £3,406 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 7 Melford Court London has decreased by £10,891 (1.5%) and its rental value has increased by £54 per month (1.6%).
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 7 Melford Court, London is in very good condition we estimate a sale value of £776,786 and rental value of £3,577 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £688,011 and a rental value of £3,168 per month.
If you were able to purchase this property for the estimated value of £739,796, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,636 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, 7 Melford Court, London sits on a plot of 49m2.
We have plot size data on 10 out of 10 other houses in the postcode and 7 Melford Court, London sits on the largest plot.
According to HM Land Registry, 7 Melford Court, London was last sold on 05 Apr 2018 for £899,995 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Apr 2018, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 Melford Court, London within a radius of 230 metres over the last 2 years.
The most recent example is 9 Melford Court, Fendall Street, London, SE1 3DX, a Freehold house which sold for £720,000 in Nov 2023.
Read more about house prices in SE1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 230 metres radius of 7 Melford Court, London over the last 2 years.
Most recently Flat 1, 200, Grange Road, London, SE1 3AA, a Leasehold flat let by Your Home Managed in Jan 2024.
Fendall Street, London, SE1 has a total of 15 addresses. According to our analysis of all the public data, 7 Melford Court, London is the 5th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £92k more expensive than the average property in SE1.
7 Melford Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Oct 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 7 Melford Court, London is London Bridge station which is 1.0 kilometres 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 7 Melford Court, London, 35.9% of property is socially rented and 35.2% 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 7 Melford Court, London, 12.3% of residents are recorded as possessing school level qualifications and 60.9% 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 7 Melford Court, London, the average age was 34.4 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 7 Melford Court, London, 2.8% 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 7 Melford Court, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.