According to the public record, 8A, Melbourne Grove, London is a period apartment with 1,227 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Melbourne Grove, London, SE22 is located in the borough of Southwark within the SE22 postal district.
8A, Melbourne Grove, London has no records in the Land Registry database and a single entry in the EPC database dated September 2016.
We combine this information with public data 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 8A Melbourne Grove London as £725,301 and the rental value as £3,336 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 8A Melbourne Grove London has increased by £26,624 (3.7%) and its rental value has increased by £217 per month (6.5%).
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 8A, Melbourne Grove, London is in very good condition we estimate a sale value of £761,566 and rental value of £3,503 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £674,530 and a rental value of £3,103 per month.
If you were able to purchase this property for the estimated value of £725,301, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,565 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8A, Melbourne Grove, London within a radius of 360 metres over the last 2 years.
The most recent example is 12B , Tarbert Road, London, SE22 8QB, a Leasehold flat which sold for £550,000 in Jun 2021.
Read more about house prices in SE22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 360 metres radius of 8A, Melbourne Grove, London over the last 2 years.
Most recently 26, Hayes Grove, London, SE22 8DF, a Leasehold flat let by Your Home Managed in May 2023.
Melbourne Grove, London, SE22 has a total of 216 addresses. According to our analysis of all the public data, 8A, Melbourne Grove, London is the 53rd largest and the 89th most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in SE22.
8A, Melbourne Grove, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Sep 2016.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 8A, Melbourne Grove, London is East Dulwich station which is 100 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 8A, Melbourne Grove, London, 38.9% of property is privately rented and 38.3% 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 8A, Melbourne Grove, London, 13.2% of residents are recorded as possessing school level qualifications and 76.6% 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 8A, Melbourne Grove, London, the average age was 35.9 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 8A, Melbourne Grove, London, 2.2% 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 8A, Melbourne Grove, 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.