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According to the public record, Flat 2, 27, Melbourne Road, Wallington is a mid-century leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 27, Melbourne Road, Wallington is £224,283 and the estimated rental value is £1,148 per month.
The apartment is within 27, Melbourne Road, Wallington, SM6.
Melbourne Road, Wallington, SM6 is located in the borough of Sutton within the SM6 postal district.
Flat 2, 27, Melbourne Road, Wallington has 31 entries in the Land Registry , most recently in September 2020 and a single entry in the EPC database dated December 2013.
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.
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 Flat 2, 27, Melbourne Road, Wallington is in very good condition we estimate a sale value of £235,497 and a rental value of £1,206 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,583 and a rental value of £1,068 per month.
Over the last 12 months the sale value of Flat 2 27 Melbourne Road Wallington has decreased by an estimated £1,750 (0.8%) and its rental value has increased by an estimated £39 per month (3.4%), giving an expected gross yield of 6.1%.
Flat 2, 27, Melbourne Road, Wallington has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 06 Dec 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric ceiling heating.
According to HM Land Registry, Flat 2, 27, Melbourne Road, Wallington was last sold on 30th September 2020 for £225,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2020, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 27, Melbourne Road, Wallington within a radius of 360 metres over the last 2 years.
The most recent example is 4, Rossendon Court 5, Clarendon Road, Wallington, SM6 8QJ, a leasehold flat which sold for £231,000 on the 29th June 2022.
Read more about house prices in SM6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melbourne Road, Wallington, SM6 has a total of 145 addresses. According to our analysis of all the public data, Flat 2, 27, Melbourne Road, Wallington is the 139th largest and the 123rd most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in SM6.
The nearest school is Holy Trinity CofE Junior School which is 651 metres away. The nearest train station is Wallington which is 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
