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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, 3, Mellor Close, Walton-On-Thames is a mid-century leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Mellor Close, Walton-On-Thames is £233,333 and the estimated rental value is £1,119 per month.
Mellor Close, Walton-On-Thames, KT12 is located in the borough of Elmbridge within the KT12 postal district.
3, Mellor Close, Walton-On-Thames has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated May 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Mellor Close, Walton-On-Thames is in very good condition we estimate a sale value of £245,000 and a rental value of £1,174 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,000 and a rental value of £1,040 per month.
Over the last 12 months the sale value of 3 Mellor Close Walton-On-Thames has decreased by an estimated £4,093 (1.8%) and its rental value has increased by an estimated £38 per month (3.4%), giving an expected gross yield of 5.8%.
3, Mellor Close, Walton-On-Thames has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2020.
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, Mellor Close, Walton-On-Thames was last sold on 24th January 2022 for £293,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2022, the market for similar properties has risen 17.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Mellor Close, Walton-On-Thames within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 32, Oakbank Avenue, Walton-On-Thames, KT12 3RB, a leasehold flat which sold for £272,500 on the 24th November 2023.
Read more about house prices in KT12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mellor Close, Walton-On-Thames, KT12 has a total of 45 addresses. According to our analysis of all the public data, 3, Mellor Close, Walton-On-Thames is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £389k less expensive than the average property in KT12.
The closest station to 3, Mellor Close, Walton-On-Thames is Hersham station which is 1.5 kilometres 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 3, Mellor Close, Walton-On-Thames, 50.6% of property is socially rented and 19.5% is privately owned with a mortgage.
The graph below shows how this compares to South East 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 3, Mellor Close, Walton-On-Thames, 25.5% of residents are recorded as possessing school level qualifications and 27.7% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Mellor Close, Walton-On-Thames, the average age was 37.3 and the most common age was 32.
The graph below shows how this compares to South East 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 3, Mellor Close, Walton-On-Thames, 0.0% of property was a second home.
Comparison figures for South East 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 3, Mellor Close, Walton-On-Thames, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
