9, Merchants Row
9, Merchants Row
Description & Estimates
9, Merchants Row is recorded publicly as a modern leasehold apartment across 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 9, Merchants Row is £340,796 and its rental estimate is £1,853 per month, given the available information and assuming reasonable condition.
Merchants Row, London, SE10 falls within the SE10 postal district, in the borough of Greenwich.
Our Data Sources
9, Merchants Row has 21 entries in the Land Registry , most recently in August 2009 and a single entry in the EPC database dated September 2019.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 9, Merchants Row, we estimate a market value of £357,836 and a rental value of £1,946 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £316,941 and £1,723 per month respectively.
Recent Market Change
Over the last year, 9, Merchants Row has seen its estimated sale value decrease by £13,460 (3.9%) and its estimated rental value grow by £91 per month (4.9%). This results in an estimated gross rental yield of 6.5%.
Energy Efficiency
9, Merchants Row has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 9, Merchants Row completed on 5th August 2009 at £196,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 67.9% over the period since August 2009.
- Sold Aug 2009£196,000
- Sold Oct 2002£41,717
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 9, Merchants Row have sold within a radius of 390 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2024, was Flat 12, Pipers House, Collington Street, London, SE10 9LU, a leasehold flat which sold for £347,500.
Read more about house prices in SE10.
- Sold Aug 2024£347,500 | 2 Bed FlatPipers House, Collington StreetFlat 12, Pipers House, Collington Street, London, SE10 9LU
- Sold Apr 2024£355,000 | 2 Bed FlatPipers House, Collington StreetFlat 15, Pipers House, Collington Street, London, SE10 9LU
- Sold Jan 2022£365,000 | 2 Bed FlatMerchants Row6, Merchants Row, London, SE10 9NJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 10 addresses on Merchants Row, London, SE10, 9, Merchants Row comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £212k less expensive than the average property across the SE10 district.
More reading links
Schools Nearby
- 200mMeridian Primary School
- 400mSt Joseph's Catholic Primary School
- 500mChrist Church Church of England Primary School
- 600mGeorge Green's School
- 1.0kmThe John Roan School
- 1.2kmSt Ursula's Convent School
More reading links
Public Transport Nearby
From 9, Merchants Row, the nearest station is Maze Hill, 400 metres away.
- 400mMaze Hill
- 700mIsland Gardens
- 900mCutty Sark for Maritime Greenwich
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
