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Derby House Melbourne Road is a residential building situated on Melbourne Road, Wallington, SM6 with 6 addresses.
It ranks as the 480th largest and 458th most expensive of the 716 buildings in the SM6 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 6 properties: 6 flats.
Derby House Melbourne Road is a residential building situated on Melbourne Road, Wallington, SM6 with 6 addresses.
It ranks as the 480th largest and 458th most expensive of the 716 buildings in the SM6 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 6 properties: 6 flats.
Sale prices range from £274,557 for 2 bedroom leasehold flats (688 ft2) to £409,455 for 3 bedroom leasehold flats (1,377 ft2) .
Monthly rental prices range from £1,434 pcm for 2 bed flats to £2,173 pcm for 3 bed flats.
The gross rental yield is between 6.2% and 6.4%.
The average value per square foot is £382.
The last sale in Derby House Melbourne Road sold for £392,500 on 10th March 2023. Since then prices are down an average of 2.5%.
The current average value in the building is £322,904.
The Derby House Melbourne Road Sales Market has decreased by 1.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.1% | £322,904 |
| May 2025 | 0.4% | £333,293 |
| May 2024 | -1.9% | £332,121 |
| May 2023 | 1% | £338,440 |
| May 2022 | 1% | £335,188 |
| May 2021 | 0.6% | £332,016 |
| May 2020 | 1.2% | £330,029 |
| May 2019 | 0% | £326,108 |
| May 2018 | -2.2% | £325,974 |
| May 2017 | 2.3% | £333,464 |
| May 2016 | 12.9% | £326,009 |
| May 2015 | 13.2% | £288,778 |
| May 2014 | 13% | £255,107 |
| May 2013 | 5.1% | £225,784 |
| May 2012 | 4.3% | £214,841 |
| May 2011 | -0.6% | £205,954 |
| May 2010 | 9.5% | £207,135 |
| May 2009 | -14.5% | £189,233 |
| May 2008 | 0.5% | £221,205 |
| May 2007 | 0% | £220,209 |
The current average rental value in the building is £1,694.
The Derby House Melbourne Road Rental Market has increased by 28.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.2% | £1,694pcm |
| May 2025 | 1.9% | £1,641pcm |
| May 2024 | 6.8% | £1,610pcm |
| May 2023 | 10% | £1,508pcm |
| May 2022 | 5.1% | £1,371pcm |
| May 2021 | 0.2% | £1,305pcm |
| May 2020 | 3.6% | £1,303pcm |
| May 2019 | 2.3% | £1,258pcm |
| May 2018 | -2.6% | £1,229pcm |
| May 2017 | -4% | £1,263pcm |
| May 2016 | 6.6% | £1,315pcm |
| May 2015 | 7.8% | £1,233pcm |
| May 2014 | 5.3% | £1,145pcm |
| May 2013 | 3.4% | £1,087pcm |
| May 2012 | 6% | £1,051pcm |
| May 2011 | 4.1% | £992pcm |
| May 2010 | 3.7% | £953pcm |
| May 2009 | -4.9% | £919pcm |
| May 2008 | 4.9% | £967pcm |
| May 2007 | 0% | £921pcm |
The last sale was on 10th March 2023 for £392,500 and since then the market in the area has decreased by 2.5%. The building has had a total of 31 sales since 1995.
Derby House, Melbourne Road, Wallington, SM6 8SD has seen 1 sale in the last three years and no sales in the last twelve months.
The closest station to Derby House, Melbourne Road, Wallington, SM6 8SD is Wallington station, which is 200 metres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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 Derby House, Melbourne Road, Wallington, SM6 8SD, % of property is and % is .
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 Derby House, Melbourne Road, Wallington, SM6 8SD, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 Derby House, Melbourne Road, Wallington, SM6 8SD, 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 Derby House, Melbourne Road, Wallington, SM6 8SD, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.