According to the public record, 7, Merrylands Road, Leatherhead is a mid-century freehold house with 1,173 ft2 of internal area and sits on a 288 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Merrylands Road, Great Bookham, Leatherhead, KT23 is located in the borough of Mole Valley within the KT23 postal district.
7, Merrylands Road, Leatherhead has 31 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated October 2021.
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 Merrylands Road Leatherhead as £654,901 and the rental value as £2,517 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 7 Merrylands Road Leatherhead has increased by £7,304 (1.1%) and its rental value has increased by £184 per month (7.3%).
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, Merrylands Road, Leatherhead is in very good condition we estimate a sale value of £687,646 and rental value of £2,642 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £609,058 and a rental value of £2,340 per month.
If you were able to purchase this property for the estimated value of £654,901, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,219 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, Merrylands Road, Leatherhead sits on a plot of 288m2.
We have plot size data on 15 out of 29 other houses in the postcode and 7, Merrylands Road, Leatherhead sits on the 10th largest plot.
According to HM Land Registry, 7, Merrylands Road, Leatherhead was last sold on 25 Jan 2022 for £570,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jan 2022, the market for similar properties has dropped 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Merrylands Road, Leatherhead within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 3, Barn Meadow Lane, Leatherhead, KT23 3HJ, a Freehold house which sold for £685,000 in Oct 2023.
Read more about house prices in KT23.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merrylands Road, Great Bookham, Leatherhead, KT23 has a total of 72 addresses. According to our analysis of all the public data, 7, Merrylands Road, Leatherhead is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in KT23.
7, Merrylands Road, Leatherhead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Oct 2021.
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, Merrylands Road, Leatherhead is Bookham 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 7, Merrylands Road, Leatherhead, 60.5% of property is privately owned outright and 35.5% 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 7, Merrylands Road, Leatherhead, 12.5% of residents are recorded as possessing school level qualifications and 51.0% 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, Merrylands Road, Leatherhead, the average age was 46.4 and the most common age was 57.
The graph below shows how this compares to South East 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, Merrylands Road, Leatherhead, 2.3% of property was a second home.
Comparison figures for South East 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, Merrylands Road, Leatherhead, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.