According to the public record, Flat 1, 28, Mellison Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 285 ft2 of internal area and a garden.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 28, Mellison Road, London, SW17.
Mellison Road, London, SW17 is located in the borough of Wandsworth within the SW17 postal district.
Flat 1, 28, Mellison Road, London has a single entry in the Land Registry database from July 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 1 28 Mellison Road London as £279,026 and the rental value as £1,379 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 1 28 Mellison Road London has increased by £13,348 (4.8%) and its rental value has increased by £69 per month (5.0%).
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 Flat 1, 28, Mellison Road, London is in very good condition we estimate a sale value of £292,978 and rental value of £1,448 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,495 and a rental value of £1,282 per month.
If you were able to purchase this property for the estimated value of £279,026, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,371 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 HM Land Registry, Flat 1, 28, Mellison Road, London was last sold on 21 Jul 2023 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2023, the market for similar properties has risen 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 28, Mellison Road, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 3, 190, Mellison Road, London, SW17 9AU, a Leasehold flat which sold for £215,000 in May 2014.
Read more about house prices in SW17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mellison Road, London, SW17 has a total of 167 addresses. According to our analysis of all the public data, Flat 1, 28, Mellison Road, London is the 165th largest and the 166th most expensive property on the street.
When compared to the postcode district it is £399k less expensive than the average property in SW17.
The closest station to Flat 1, 28, Mellison Road, London is Tooting Broadway station which is 300 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 Flat 1, 28, Mellison Road, London, 64.5% of property is privately rented and 14.8% is privately owned outright.
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 Flat 1, 28, Mellison Road, London, 27.6% of residents are recorded as possessing school level qualifications and 54.6% 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 Flat 1, 28, Mellison Road, London, the average age was 35.1 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 Flat 1, 28, Mellison 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 Flat 1, 28, Mellison Road, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.