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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Merrick Square is a period house with 1,722 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Merrick Square is £802,470 and the estimated rental value is £3,921 per month.
Merrick Square, London, SE1 is located in the borough of Southwark within the SE1 postal district.
2, Merrick Square has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 2, Merrick Square is in very good condition we estimate a sale value of £842,594 and a rental value of £4,117 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £746,297 and a rental value of £3,647 per month.
Over the last 12 months the sale value of 2 Merrick Square has decreased by an estimated £44,793 (5.6%) and its rental value has increased by an estimated £119 per month (3.0%), giving an expected gross yield of 5.9%.
2, Merrick Square has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Jan 2020.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Merrick Square within a radius of 270 metres over the last 2 years.
The most recent example is 2, Burbage Close, London, SE1 4ES, a freehold house which sold for £933,000 on the 26th February 2021.
Read more about house prices in SE1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merrick Square, London, SE1 has a total of 34 addresses. According to our analysis of all the public data, 2, Merrick Square is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £178k more expensive than the average property in SE1.
The closest station to 2, Merrick Square is Borough station which is 400 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Merrick Square, 49.1% of property is privately rented and 29.8% is socially 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 2, Merrick Square, 14.3% of residents are recorded as possessing school level qualifications and 81.3% 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 2, Merrick Square, the average age was 31.6 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 2, Merrick Square, 2.2% 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 2, Merrick Square, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
