According to the public record, 73, Merland Rise, Epsom is a mid-century freehold house with 968 ft2 of internal area and sits on a 145 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Merland Rise, Epsom, KT18 is located in the borough of Reigate and Banstead within the KT18 postal district.
73, Merland Rise, Epsom has a single entry in the Land Registry database from November 2021 and a single entry in the EPC database dated June 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 73 Merland Rise Epsom as £542,329 and the rental value as £2,295 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 73 Merland Rise Epsom has increased by £23,523 (4.3%) and its rental value has increased by £182 per month (7.9%).
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 73, Merland Rise, Epsom is in very good condition we estimate a sale value of £569,445 and rental value of £2,410 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £504,366 and a rental value of £2,135 per month.
If you were able to purchase this property for the estimated value of £542,329, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,665 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, 73, Merland Rise, Epsom sits on a plot of 145m2.
We have plot size data on 9 out of 14 other houses in the postcode and 73, Merland Rise, Epsom sits on the 9th largest plot.
According to HM Land Registry, 73, Merland Rise, Epsom was last sold on 16 Nov 2021 for £386,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 73, Merland Rise, Epsom within a radius of 500 metres over the last 2 years.
The most recent example is 49, Chapel Way, Epsom, KT18 5TD, a Freehold house which sold for £580,000 in Mar 2022.
Read more about house prices in KT18.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merland Rise, Epsom, KT18 has a total of 84 addresses. According to our analysis of all the public data, 73, Merland Rise, Epsom is the 61st largest and the 56th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in KT18.
73, Merland Rise, Epsom has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jun 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 73, Merland Rise, Epsom is Tattenham Corner station which is 700 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 73, Merland Rise, Epsom, 48.8% of property is socially rented and 33.1% 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 73, Merland Rise, Epsom, 22.8% of residents are recorded as possessing school level qualifications and 24.4% 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 73, Merland Rise, Epsom, the average age was 36.1 and the most common age was 7.
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 73, Merland Rise, Epsom, 0.7% 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 73, Merland Rise, Epsom, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.