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According to the public record, 5, Mere Close is a period leasehold apartment with 1,560 ft2 of internal area.
Apartments 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 5, Mere Close is £708,576 and the estimated rental value is £3,483 per month.
Mere Close, London, SW15 is located in the borough of Wandsworth within the SW15 postal district.
5, Mere Close has 21 entries in the Land Registry , most recently in January 2007 and a single entry in the EPC database dated November 2015.
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 5, Mere Close is in very good condition we estimate a sale value of £744,005 and a rental value of £3,657 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £658,976 and a rental value of £3,239 per month.
Over the last 12 months the sale value of 5 Mere Close has decreased by an estimated £10,471 (1.5%) and its rental value has increased by an estimated £186 per month (5.3%), giving an expected gross yield of 5.9%.
5, Mere Close has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Nov 2015.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Mere Close was last sold on 5th January 2007 for £430,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2007, the market for similar properties has risen 92.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Mere Close within a radius of 390 metres over the last 2 years.
The most recent example is Flat 8, Ross Court 81, Putney Hill, London, SW15 3NY, a leasehold flat which sold for £685,000 on the 12th January 2023.
Read more about house prices in SW15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mere Close, London, SW15 has a total of 26 addresses. According to our analysis of all the public data, 5, Mere Close is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in SW15.
The nearest school is Ronald Ross Primary School which is 100 metres away. The nearest train station is Southfields which is 1.0 kilometres away.
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