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According to the public record, 29, Melon Road is a modern freehold house with 1,140 ft2 of internal area and sits on a 281 m2 plot.
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 29, Melon Road is £499,589 and the estimated rental value is £2,307 per month.
Melon Road, London, E11 is located in the borough of Waltham Forest within the E11 postal district.
29, Melon Road has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 29, Melon Road is in very good condition we estimate a sale value of £524,568 and a rental value of £2,423 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £464,618 and a rental value of £2,146 per month.
Over the last 12 months the sale value of 29 Melon Road has increased by an estimated £2,814 (0.6%) and its rental value has increased by an estimated £70 per month (3.1%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 29, Melon Road sits on a plot of 281m2.
We have plot size data on 8 out of 35 other houses in the postcode and 29, Melon Road sits on the largest plot.
29, Melon Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 29, Melon Road was last sold on 3rd March 2023 for £500,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has risen 44.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Melon Road within a radius of 340 metres over the last 2 years.
The most recent example is 30A, Harrow Road, London, E11 3QF, a freehold house which sold for £495,000 on the 9th February 2024.
Read more about house prices in E11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melon Road, London, E11 has a total of 41 addresses. According to our analysis of all the public data, 29, Melon Road is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in E11.
The closest station to 29, Melon Road is Leytonstone High Road station which is 700 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 29, Melon Road, 77.1% of property is socially rented and 9.5% is privately owned with a mortgage.
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 29, Melon Road, 26.3% of residents are recorded as possessing school level qualifications and 33.7% 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 29, Melon Road, the average age was 35.3 and the most common age was 32.
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 29, Melon Road, 0.8% 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 29, Melon Road, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.