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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, 3, Melbourne Road, Wallington is a period freehold house with 645 ft2 of internal area and sits on a 73.6 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Melbourne Road, Wallington is £351,711 and the estimated rental value is £1,881 per month.
Melbourne Road, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
3, Melbourne Road, Wallington has 21 entries in the Land Registry , most recently in September 2020 and a single entry in the EPC database dated March 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 3, Melbourne Road, Wallington is in very good condition we estimate a sale value of £369,297 and a rental value of £1,976 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,091 and a rental value of £1,750 per month.
Over the last 12 months the sale value of 3 Melbourne Road Wallington has decreased by an estimated £9,084 (2.6%) and its rental value has increased by an estimated £37 per month (2.0%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 3, Melbourne Road, Wallington sits on a plot of 74m2.
We have plot size data on 7 out of 7 other houses in the postcode and 3, Melbourne Road, Wallington sits on the 7th largest plot.
3, Melbourne Road, Wallington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2019.
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, 3, Melbourne Road, Wallington was last sold on 29th September 2020 for £350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2020, the market for similar properties has risen 11.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Melbourne Road, Wallington within a radius of 350 metres over the last 2 years.
The most recent example is 61, Melbourne Road, Wallington, SM6 8SH, a freehold house which sold for £355,000 on the 27th September 2019.
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, 3, Melbourne Road, Wallington is the 104th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £88k less expensive than the average property in SM6.
The nearest school is Holy Trinity CofE Junior School which is 709 metres away. The nearest train station is Wallington which is 200 metres away.
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