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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, 8, Melrose Drive, Southall is a mid-century leasehold apartment with 613 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 8, Melrose Drive, Southall is £329,308 and the estimated rental value is £1,825 per month.
The apartment is within 8, Melrose Drive, Southall, UB1.
Melrose Drive, Southall, UB1 is located in the borough of Ealing within the UB1 postal district.
8, Melrose Drive, Southall has 31 entries in the Land Registry , most recently in December 2013 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property 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 8, Melrose Drive, Southall is in very good condition we estimate a sale value of £345,774 and a rental value of £1,916 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £306,257 and a rental value of £1,697 per month.
Over the last 12 months the sale value of 8 Melrose Drive Southall has decreased by an estimated £4,843 (1.5%) and its rental value has increased by an estimated £24 per month (1.3%), giving an expected gross yield of 6.6%.
8, Melrose Drive, Southall has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jul 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, 8, Melrose Drive, Southall was last sold on 4th December 2013 for £125,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since December 2013, the market for similar properties has risen 53.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Melrose Drive, Southall within a radius of 510 metres over the last 2 years.
The most recent example is 1, Melrose Drive, Southall, UB1 3QA, a leasehold flat which sold for £319,999 on the 24th November 2023.
Read more about house prices in UB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Drive, Southall, UB1 has a total of 30 addresses. According to our analysis of all the public data, 8, Melrose Drive, Southall is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in UB1.
The nearest school is North Primary School which is 400 metres away. The nearest train station is Southall which is 900 metres away.
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