Flat 5, 69
Flat 5, 69
Description & Estimates
According to the public record, Flat 5, 69, Melrose Road is a mid-century leasehold apartment with 430 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 5, 69, Melrose Road is £297,151 and the estimated rental value is £1,524 per month.
The apartment is within 69, Melrose Road, London, SW18.
Melrose Road, London, SW18 is located in the borough of Wandsworth within the SW18 postal district.
Our Data Sources
Flat 5, 69, Melrose Road has 21 entries in the Land Registry , most recently in May 2014 and a single entry in the EPC database dated September 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.
Price Range & Condition
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 5, 69, Melrose Road is in very good condition we estimate a sale value of £312,009 and a rental value of £1,600 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,351 and a rental value of £1,417 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, 69, Melrose Road has climbed by £5,526 (1.9%), while its estimated rental value has risen by £134 per month (8.8%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Energy Efficiency
Flat 5, 69, Melrose Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Sep 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 5, 69, Melrose Road was last sold on 23rd May 2014 for £295,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2014, the market for similar properties has risen by 16.5%.
- Sold May 2014£295,000
- Sold Sep 2002£153,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 69, Melrose Road within a radius of 430 metres over the last 2 years.
The most recent example is Flat 10, Pine Lodge 1, Whitefield Close, London, SW15 3SS, a leasehold flat which sold for £250,000 on the 10th March 2023.
Read more about house prices in SW18.
- Sold Mar 2023£250,000 | 1 Bed FlatFlat 10, Pine Lodge 1, Whitefield Close, London, SW15 3SSFlat 10, Pine Lodge 1, Whitefield Close, London, SW15 3SS
- Sold May 2022£340,000 | 1 Bed FlatFlat 16, Pine Lodge 1, Whitefield Close, London, SW15 3SSFlat 16, Pine Lodge 1, Whitefield Close, London, SW15 3SS
- Sold Apr 2022£240,000 | 1 Bed FlatFlat 2, Maple Lodge 2, Whitefield Close, London, SW15 3SSFlat 2, Maple Lodge 2, Whitefield Close, London, SW15 3SS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Melrose Road, London, SW18 has a total of 111 addresses. According to our analysis of all the public data, Flat 5, 69, Melrose Road is the 107th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £475k less expensive than the average property in SW18.
More reading links
Schools Nearby
- 300mSt Michael's CofE Primary School
- 600mRonald Ross Primary School
- 600mSheringdale Primary School
- 500mSaint Cecilia's Church of England School
- 600mAshcroft Technology Academy
- 1.1kmSouthfields Academy
More reading links
Public Transport Nearby
The closest station to Flat 5, 69, Melrose Road is Southfields station, which is 700 metres away.
- 700mSouthfields
- 900mEast Putney
- 1.2kmPutney
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
