According to the public record, Flat 9, Melchester 120, London is a mid-century leasehold apartment with 979 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Melchester, Ledbury Road, London, W11.
Ledbury Road, London, W11 is located in the borough of City of Westminster within the W11 postal district.
Flat 9, Melchester 120, London has 2 entries in the Land Registry database, most recently in November 2016 and a single entry in the EPC database dated April 2015.
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 9 Melchester 120 London as £676,352 and the rental value as £2,924 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 9 Melchester 120 London has increased by £12,505 (1.8%) and its rental value has increased by £113 per month (3.9%).
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 9, Melchester 120, London is in very good condition we estimate a sale value of £710,170 and rental value of £3,070 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £629,008 and a rental value of £2,719 per month.
If you were able to purchase this property for the estimated value of £676,352, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,324 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 9, Melchester 120, London was last sold on 18 Nov 2016 for £755,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2016, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Melchester 120, London within a radius of 210 metres over the last 2 years.
The most recent example is Flat 10, Melchester 120, Ledbury Road, London, W11 1HU, a Leasehold flat which sold for £660,000 in Oct 2023.
Read more about house prices in W11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ledbury Road, London, W11 has a total of 288 addresses. According to our analysis of all the public data, Flat 9, Melchester 120, London is the 49th largest and the 230th most expensive property on the street.
When compared to the postcode district it is £913k less expensive than the average property in W11.
Flat 9, Melchester 120, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Apr 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 9, Melchester 120, London is Westbourne Park station which is 400 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 9, Melchester 120, London, 55.3% of property is socially rented and 20.6% 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 9, Melchester 120, London, 24.2% of residents are recorded as possessing school level qualifications and 35.9% 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 9, Melchester 120, London, the average age was 38.4 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 9, Melchester 120, London, 1.0% 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 9, Melchester 120, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.