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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, 24, Melbourne Road, Wallington is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 778 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Melbourne Road, Wallington is £428,679 and the estimated rental value is £2,079 per month.
Melbourne Road, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
24, Melbourne Road, Wallington has 51 entries in the Land Registry , most recently in November 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 24, Melbourne Road, Wallington is in very good condition we estimate a sale value of £450,113 and a rental value of £2,183 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £398,672 and a rental value of £1,933 per month.
Over the last 12 months the sale value of 24 Melbourne Road Wallington has decreased by an estimated £11,072 (2.6%) and its rental value has increased by an estimated £41 per month (2.0%), giving an expected gross yield of 5.8%.
According to HM Land Registry, 24, Melbourne Road, Wallington was last sold on 13th November 2015 for £360,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since November 2015, the market for similar properties has risen 27.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Melbourne Road, Wallington within a radius of 360 metres over the last 2 years.
The most recent example is 55, Melbourne Road, Wallington, SM6 8SH, a freehold house which sold for £425,500 on the 8th March 2024.
Read more about house prices in SM6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Road, Wallington, SM6 has a total of 145 addresses. According to our analysis of all the public data, 24, Melbourne Road, Wallington is the 45th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in SM6.
The nearest school is Holy Trinity CofE Junior School which is 676 metres away. The nearest train station is Wallington which is 300 metres away.
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