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In this area, apartments of this size normally have 2 bedrooms.
15, Melrose Drive, Southall has an estimated sale value of £325,896 and an estimated rental value of £1,809 per month, assuming reasonable condition and based on the information available.
The apartment sits within 15, Melrose Drive, Southall, UB1.
Melrose Drive, Southall, UB1 lies in the borough of Ealing, within the UB1 postal district.
15, Melrose Drive, Southall has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
In very good condition, we estimate 15, Melrose Drive, Southall would be worth £342,191, with a potential rental value of £1,900 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £303,084, with a rental value of £1,683 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 15, Melrose Drive, Southall has fallen by £4,793 (1.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £23 (1.3%). The property's estimated gross yield is currently 6.7%.
15, Melrose Drive, Southall has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
15, Melrose Drive, Southall last changed hands on 24th August 2006, selling for £179,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 510 metres of 15, Melrose Drive, Southall across the last 2 years.
Most recently, 1, Melrose Drive, Southall, UB1 3QA, a leasehold flat, sold at £319,999 on the 24th November 2023.
Read more about house prices in UB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 15, Melrose Drive, Southall as the 14th largest and the 12th most expensive of the 30 addresses on Melrose Drive, Southall, UB1.
Against the UB1 postcode district average, it is £116k less expensive than the typical property.
Southall station is the nearest stop to 15, Melrose Drive, Southall at 900 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 15, Melrose Drive, Southall, 33.9% of property is privately owned outright and 32.2% 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 15, Melrose Drive, Southall, 26.5% of residents are recorded as possessing school level qualifications and 33.1% 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 15, Melrose Drive, Southall, the average age was 38 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 15, Melrose Drive, Southall, 0.3% 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 15, Melrose Drive, Southall, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.