According to the public record, Flat 2, Melrose Court 39, London is a mid-century apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Melrose Court, Handsworth Avenue, London, E4.
Handsworth Avenue, London, E4 is located in the borough of Waltham Forest within the E4 postal district.
Flat 2, Melrose Court 39, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated October 2023.
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 Flat 2 Melrose Court 39 London as £353,069 and the rental value as £1,657 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 2 Melrose Court 39 London has increased by £10,512 (3.0%) and its rental value has increased by £52 per month (3.1%).
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, Melrose Court 39, London is in very good condition we estimate a sale value of £370,722 and rental value of £1,740 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £328,354 and a rental value of £1,541 per month.
If you were able to purchase this property for the estimated value of £353,069, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,735 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, Melrose Court 39, London was last sold on 18 Feb 2004 for £145,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Melrose Court 39, London within a radius of 450 metres over the last 2 years.
The most recent example is Flat 9, Briarview Court, Handsworth Avenue, London, E4 9PQ, a Leasehold flat which sold for £350,000 in Oct 2023.
Read more about house prices in E4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Handsworth Avenue, London, E4 has a total of 133 addresses. According to our analysis of all the public data, Flat 2, Melrose Court 39, London is the 88th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in E4.
Flat 2, Melrose Court 39, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2023.
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, Melrose Court 39, London is Highams Park 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 Flat 2, Melrose Court 39, London, 30.7% of property is privately owned with a mortgage and 30.7% 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, Melrose Court 39, London, 21.9% of residents are recorded as possessing school level qualifications and 42.1% 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, Melrose Court 39, London, the average age was 38.4 and the most common age was 52.
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, Melrose Court 39, London, 2.0% 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 2, Melrose Court 39, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.