According to the public record, Flat 6, 175, Merton Road, London is a period leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 175, Merton Road, London, SW19.
Merton Road, London, SW19 is located in the borough of Merton within the SW19 postal district.
Flat 6, 175, Merton Road, London has 51 entries in the Land Registry database, most recently in September 2019 and a single entry in the EPC database dated July 2024.
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 6 175 Merton Road London as £327,305 and the rental value as £1,632 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 6 175 Merton Road London has increased by £18,217 (5.6%) and its rental value has increased by £84 per month (5.1%).
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 6, 175, Merton Road, London is in very good condition we estimate a sale value of £343,670 and rental value of £1,714 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,393 and a rental value of £1,518 per month.
If you were able to purchase this property for the estimated value of £327,305, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,609 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 6, 175, Merton Road, London was last sold on 20 Sep 2019 for £378,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2019, the market for similar properties has risen 7.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 175, Merton Road, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 2, 175, Merton Road, London, SW19 1EE, a Leasehold flat which sold for £305,000 in Dec 2023.
Read more about house prices in SW19.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merton Road, London, SW19 has a total of 267 addresses. According to our analysis of all the public data, Flat 6, 175, Merton Road, London is the 175th largest and the 212th most expensive property on the street.
When compared to the postcode district it is £535k less expensive than the average property in SW19.
Flat 6, 175, Merton Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jul 2024.
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 6, 175, Merton Road, London is South Wimbledon station which is 200 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 6, 175, Merton Road, London, 54.3% of property is privately rented and 28.9% 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 Flat 6, 175, Merton Road, London, 8.6% of residents are recorded as possessing school level qualifications and 70.1% 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 6, 175, Merton Road, London, the average age was 35.6 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 Flat 6, 175, Merton Road, London, 0.9% 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 6, 175, Merton Road, 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.