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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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12A, Melrose Drive, Southall is recorded publicly as a mid-century leasehold apartment across 699 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 12A, Melrose Drive, Southall is £355,945 and its rental estimate is £1,940 per month, given the available information and assuming reasonable condition.
12, Melrose Drive is a residential building on Melrose Drive, Southall, UB1 and falls within the UB1 postal district and the borough of Ealing.
12A, Melrose Drive, Southall has 21 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated February 2022.
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.
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 12A, Melrose Drive, Southall, we estimate a market value of £373,742 and a rental value of £2,037 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £331,029 and £1,804 per month respectively.
Over the last year, 12A, Melrose Drive, Southall has seen its estimated sale value decrease by £5,234 (1.5%) and its estimated rental value grow by £25 per month (1.3%). This results in an estimated gross rental yield of 6.5%.
12A, Melrose Drive, Southall has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Feb 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 12A, Melrose Drive, Southall completed on 31st May 2023 at £292,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 6.0% over the period since May 2023.
Over the past 2 years 3 properties similar to 12A, Melrose Drive, Southall have sold within a radius of 500 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th November 2023, was 1, Melrose Drive, Southall, UB1 3QA, a leasehold flat which sold for £319,999.
Read more about house prices in UB1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 30 addresses on Melrose Drive, Southall, UB1, 12A, Melrose Drive, Southall comes out as the largest and the most expensive in our analysis of the public data.
It is also £86k less expensive than the average property across the UB1 district.
From 12A, Melrose Drive, Southall, the nearest station is Southall, 900 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 12A, Melrose Drive, Southall, 33.9% of property is privately owned outright and 32.2% is privately rented.
The graph below shows how this compares to Greater London 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 12A, Melrose Drive, Southall, 26.5% of residents are recorded as possessing school level qualifications and 33.1% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12A, Melrose Drive, Southall, the average age was 38 and the most common age was 47.
The graph below shows how this compares to Greater London 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 12A, Melrose Drive, Southall, 0.3% of property was a second home.
Comparison figures for Greater London 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 12A, Melrose Drive, Southall, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
