According to the public record, Flat 2, 76, Melbury Gardens, London is a period leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 76, Melbury Gardens, London, SW20.
Melbury Gardens, London, SW20 is located in the borough of Merton within the SW20 postal district.
Flat 2, 76, Melbury Gardens, London has 3 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated March 2022.
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 Flat 2 76 Melbury Gardens London as £487,142 and the rental value as £2,177 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 2 76 Melbury Gardens London has increased by £20,610 (4.2%) and its rental value has increased by £114 per month (5.2%).
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 2, 76, Melbury Gardens, London is in very good condition we estimate a sale value of £511,499 and rental value of £2,286 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £453,042 and a rental value of £2,025 per month.
If you were able to purchase this property for the estimated value of £487,142, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,394 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 2, 76, Melbury Gardens, London was last sold on 06 Jul 2022 for £484,250 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2022, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 76, Melbury Gardens, London within a radius of 590 metres over the last 2 years.
The most recent example is Flat 9, 98, Cottenham Park Road, London, SW20 0SZ, a Leasehold flat which sold for £500,000 in Jul 2023.
Read more about house prices in SW20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbury Gardens, London, SW20 has a total of 119 addresses. According to our analysis of all the public data, Flat 2, 76, Melbury Gardens, London is the 98th largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £344k less expensive than the average property in SW20.
Flat 2, 76, Melbury Gardens, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2022.
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 Flat 2, 76, Melbury Gardens, London is Raynes Park station which is 900 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 2, 76, Melbury Gardens, London, 29.3% of property is privately owned with a mortgage and 27.4% 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 Flat 2, 76, Melbury Gardens, London, 25.7% of residents are recorded as possessing school level qualifications and 54.8% 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 2, 76, Melbury Gardens, London, the average age was 40.4 and the most common age was 47.
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 2, 76, Melbury Gardens, London, 2.4% 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 2, 76, Melbury Gardens, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.