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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1B, Melbourne Road is £572,753 and the estimated rental value is £2,268 per month.
The apartment is within 1, Melbourne Road, London, E10.
Melbourne Road, London, E10 is located in the borough of Waltham Forest within the E10 postal district.
1B, Melbourne Road has no records in the the Land Registry and a single entry in the EPC database dated November 2020.
We combine this information with public data 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 1B, Melbourne Road is in very good condition we estimate a sale value of £601,391 and a rental value of £2,381 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £532,661 and a rental value of £2,109 per month.
Over the last 12 months the sale value of 1B Melbourne Road has increased by an estimated £6,211 (1.1%) and its rental value has increased by an estimated £113 per month (5.0%), giving an expected gross yield of 4.8%.
1B, Melbourne Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Nov 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1B, Melbourne Road within a radius of 310 metres over the last 2 years.
The most recent example is Flat B, 12, Melbourne Road, London, E10 7HF, a leasehold flat which sold for £395,000 on the 11th November 2024.
Read more about house prices in E10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Road, London, E10 has a total of 74 addresses. According to our analysis of all the public data, 1B, Melbourne Road is the 51st largest and the 47th most expensive property on the street.
When compared to the postcode district it is £56k more expensive than the average property in E10.
The closest station to 1B, Melbourne Road is Leyton Midland Road station which is 600 metres away.
According to recent data from Ofcom, standard broadband is available in this area.
According to recent data from Ofcom, Standard 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 1B, Melbourne Road, 34.1% of property is socially rented and 25.0% 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 1B, Melbourne Road, 20.1% of residents are recorded as possessing school level qualifications and 36.2% 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 1B, Melbourne Road, the average age was 34.7 and the most common age was 32.
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 1B, Melbourne Road, 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 1B, Melbourne Road, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.