30 Melody Road, London, Wandsworth, Greater London, SW18 2QF

Terraced
5
2282 sq ft
6.1%
PROPERTY VALUATION
£
Last sold: June 2019
VALUATION RANGE
£1.72M - £1.84M
LOW OFFER | HIGH OFFER
PRICE CHANGE
£103,000
Percentage change: +6.1%
Good
Condition
Reasonable
Condition
Poor
Condition

At a sale price of £1.78M, we expect this property to be in a reasonable condition based on its price per square foot.

Property summary Last updated: 02/04/2024

Last updated: 02/04/2024

30 Melody Road, London is a 5 bedroom terraced house spread over 2,282 square feet, making it one of the bigger properties here - it is ranked as the 14th most expensive property* in SW18 2QF, with a valuation of £1,778,000.

Since it last sold in June 2019 for £1,675,000, its value has increased by £103,000.

If home improvements have been made, ensure you update the valuation.

UPDATE VALUATION
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Essential buying details

  • Built between 1900 and 1929, the property has sold twice over the last 29 years.

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £1.72M and £1.84M.

  • This property has increased in price by £103,000 since it last sold in 2019 - this equates to a 1.2% rise each year.
  • The property turned out to be a really good investment for the previous owner - returning on average 7.7% per annum.

  • 38 terraced houses have sold at an average price of £1,368,871 in SW18 2 over the last 12 months.

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Sale history

The most paid for a property in Melody Road, SW18 2QF was £2,553,500 in 2023.

Date Price Change
Today's value* £1,778,000 6.1%
21 Jun 2019 £1,675,000 365.3%
09 Oct 1998 £360,000 -
6.1%
This property has increased in price by 6.1% since it last sold 4 years ago
3%
This property is 3% more expensive than average in Melody Road, SW18 2QF
  • At a sale price of £1.78M, we expect this property to be in a similar condition to the neighbouring properties in the road.
  • This property has a similar cost per square foot as other properties in the road, which is why we think it is in a reasonable condition.

  • At a valuation of £1.78M this property has a cost per square foot of £779 - this is comparable with the average for properties for the area (which is currently £770).

  • If we valued this property using the average cost per square foot (CPSF) - it would be worth £1.76M. For it to sell for this amount, we would expect it to be in a similar state decoratively to the average property here and also have a similar sized plot of land.
  • We use survey data provided by RICS qualified surveyors to obtain the property's size. This is calculated in a slightly different way to how an estate agent will measure a property as it only includes habitable space.
  • To calculate the price per square foot, you divide the property's sale price by its total square footage.
Prices start at:
£640k
Average house price:
£1.73M
Most expensive:
£2.55M
30 Melody Road, London, Wandsworth, Greater London, SW18 2QF
30 Melody Road, London, Wandsworth, Greater London, SW18 2QF
30 Melody Road, London, Wandsworth, Greater London, SW18 2QF
30 Melody Road, London, Wandsworth, Greater London, SW18 2QF
30 Melody Road, London, Wandsworth, Greater London, SW18 2QF
30 Melody Road, London, Wandsworth, Greater London, SW18 2QF
30 Melody Road, London, Wandsworth, Greater London, SW18 2QF
30 Melody Road, London, Wandsworth, Greater London, SW18 2QF
30 Melody Road, London, Wandsworth, Greater London, SW18 2QF
30 Melody Road, London, Wandsworth, Greater London, SW18 2QF
30 Melody Road, London, Wandsworth, Greater London, SW18 2QF
30 Melody Road, London is a 5 bedroom terraced house with 2,282 square feet of internal space built between 1900 and 1929.
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Valuation details

The most likely sale price is £1,778,000 but at the lower end we think it should fetch a minimum of £1,716,000.

On a cost per square foot basis, this property is valued at 10% less than the other houses in this postcode.

A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller garden (for more information see our valuation review) of this property.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £2,045,000.

UPDATE VALUATION
PropertyValuation
50A Melody Road, London, Wandsworth, Greater London, SW18 2QF 50A Melody Road, London
1 bed | 883 sq. ft.
£640,000
8 Melody Road, London, Wandsworth, Greater London, SW18 2QF 8 Melody Road, London
4 bed | 1851 sq. ft.
£1,617,000
66 Melody Road, London, Wandsworth, Greater London, SW18 2QF 66 Melody Road, London
5 bed | 2433 sq. ft.
£1,832,000
76 Melody Road, London, Wandsworth, Greater London, SW18 2QF 76 Melody Road, London
5 bed | 1679 sq. ft.
£2,245,000
64 Melody Road, London, Wandsworth, Greater London, SW18 2QF 64 Melody Road, London
6 bed | 2917 sq. ft.
£2,548,000
Investment Performance
Annual change: 7.7%

The previous owner had the property for 20 years, having purchased it in October 1998 for £360,000.

During this time, the price rose by £1,315,000 (365.3%), which equates to it increasing in value by 7.7% each year.

The property turned out to be a really good investment for the previous owner.

How does this property compare?

  • Most likely sale price: £1,778,000.
    • Cost per squre foot: £779 (at a valuation of £1,778,000)
    • The average cost per square foot for this postcode is £864.
  • 5 bedroom freehold terraced house.
    • 2,282 square feet.
    • 16% bigger than the average property in this postcode.
    • 3% more expensive than the average here.
  • Property energy rating: 57 (max. score 100).
    • This is similar to the average for this postcode.

The local market - SW18 2QF

  • The average property price for this postcode is £1,732,000.
    • Prices here range from £640,000 to £2,548,000.
    • Expect to pay £734 to £993 per square foot for property in SW18 2QF.
  • 7 properties have sold in SW18 2QF over the last 5 years.
  • Melody Road has 5 postcodes associated with it.
    • The average price of property in Melody Road is £1,255,347.
    • Property in Melody Road typically sells for between £654 and £885 per square foot.
    • Properties in Melody Road are currently valued at an average cost per square foot of £770.

The property market across SW18 2

  • The average price paid for a terraced house in the area SW18 2 over the past year is £1.37M.
  • Terraced houses have been selling for £799 per square foot across SW18 2.
  • 38 terraced houses have sold over the last 12 months (in the area coverring SW18 2).
What does it cost to live in this area?

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings
Recent sales in the surrounding roads
Searching for recent sales near here

* Excluding properties that we've been unable to calculate a valuation for. ** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 29/02/2024 - this was released on the 28/03/2024.