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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
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According to the public record, 2, Mervan Road is a period freehold house with 2,335 ft2 of internal area and sits on a 323 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Mervan Road is £1,593,750 and the estimated rental value is £6,717 per month.
Mervan Road, London, SW2 is located in the borough of Lambeth within the SW2 postal district.
2, Mervan Road has 2 entries in the Land Registry , most recently in August 2021 and a single entry in the EPC database dated March 2021.
We combine this information with that 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.
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, Mervan Road is in very good condition we estimate a sale value of £1,673,437 and a rental value of £7,053 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,482,187 and a rental value of £6,247 per month.
Over the last 12 months the sale value of 2 Mervan Road has decreased by an estimated £48,662 (3.1%) and its rental value has increased by an estimated £389 per month (5.8%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 2, Mervan Road sits on a plot of 323m2.
We have plot size data on 4 out of 6 other houses in the postcode and 2, Mervan Road sits on the 2nd largest plot.
2, Mervan Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Mar 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Mervan Road was last sold on 31st August 2021 for £1,758,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2021, the market for similar properties has dropped 8.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 2, Mervan Road within a radius of 290 metres over the last 2 years.
The most recent example is 7, Mervan Road, London, SW2 1DP, a freehold house which sold for £950,000 on the 15th March 2013.
Read more about house prices in SW2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mervan Road, London, SW2 has a total of 95 addresses. According to our analysis of all the public data, 2, Mervan Road is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £1.054m more expensive than the average property in SW2.
The closest station to 2, Mervan Road is Brixton 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Mervan Road, 26.8% of property is privately owned with a mortgage and 25.0% 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 2, Mervan Road, 16.1% of residents are recorded as possessing school level qualifications and 67.9% 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 2, Mervan Road, the average age was 35.7 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, Mervan Road, 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 2, Mervan Road, 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.
