Flats/Maisonettes 2 sales on record

PHOENIX HOUSE

123 - 125 FLAT 21 MERTON ROAD, LONDON, MERTON, GREATER LONDON, SW19 1ED

£532,500

Location

Map view View on Google Maps View on OpenStreetMap Street View SW19 1ED

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Shop	Quality Stitch	0.0 miles
Bus stop	The Polka Theatre	0.1 miles
Train station	South Wimbledon	0.3 miles
University	Horton Halls Reception	1.4 miles
Hospital	Chapel Orchard Day Surgery	1.5 miles

Property details

Tenure

Leasehold

Property type

Flat

Last sold

£532,500 Mar 2026

Local average

£472,071 (149 sales)

Street crime

452 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Price history

Event	Date	Price	Type	% change	Today’s value (HPI)	Action
Sold	06/03/2026	£532,500	Flat	-3.2%	£527,450 to April 2026	View transaction
Sold	25/03/2022	£550,000	Flat	—	£534,091 to April 2026	View transaction

Historic listings

No historic listing events could be matched to the sales on record for this address. We only show events where a listing page could be linked to a Land Registry sale here.

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address	Price	Date	Type
87A QUICKS ROAD, LONDON, MERTON, GREATER LONDON, SW19 1EX	£210,000	12/12/2025	Flat
25A WYCLIFFE ROAD, LONDON, MERTON, GREATER LONDON, SW19 1ES	£791,573	24/11/2025	Flat
20 FLAT 5 PELHAM ROAD, LONDON, MERTON, GREATER LONDON, SW19 1SX	£475,000	20/11/2025	Flat
34A LATIMER ROAD, WIMBLEDON, LONDON, MERTON, GREATER LONDON, SW19 1EP	£610,000	30/10/2025	Flat
88 THE LOWER MAISONETTE FLORENCE ROAD, LONDON, MERTON, GREATER LONDON, SW19 8TJ	£495,000	17/10/2025	Flat
139 - 145 FLAT 4 MERTON ROAD, LONDON, MERTON, GREATER LONDON, SW19 1ED	£345,000	15/10/2025	Flat
CLOISTER HOUSE, 53 FLAT 4 GRIFFITHS ROAD, LONDON, MERTON, GREATER LONDON, SW19 1SS	£325,000	04/08/2025	Flat
VISCOUNT POINT, 199 FLAT 42 THE BROADWAY, LONDON, MERTON, GREATER LONDON, SW19 1NL	£545,000	02/07/2025	Flat
55 LATIMER ROAD, WIMBLEDON, LONDON, MERTON, GREATER LONDON, SW19 1EW	£520,000	20/06/2025	Flat
1A BRIDGES ROAD, LONDON, MERTON, GREATER LONDON, SW19 1EN	£330,000	28/03/2025	Flat
16 FLAT 2 PELHAM ROAD, LONDON, MERTON, GREATER LONDON, SW19 1SX	£605,000	13/09/2024	Flat
NORMANHURST FLAT 3 CECIL ROAD, LONDON, MERTON, GREATER LONDON, SW19 1JS	£700,000	22/04/2024	Flat
86A FLAT 3 QUICKS ROAD, LONDON, MERTON, GREATER LONDON, SW19 1EX	£380,000	15/12/2023	Flat
155A SOUTH PARK ROAD, LONDON, MERTON, GREATER LONDON, SW19 8RX	£525,000	16/11/2023	Flat
PHOENIX HOUSE, 123 - 125 FLAT 13 MERTON ROAD, LONDON, MERTON, GREATER LONDON, SW19 1ED	£435,000	31/10/2023	Flat
23B WYCLIFFE ROAD, LONDON, MERTON, GREATER LONDON, SW19 1ES	£535,000	02/10/2023	Flat
CLOISTER HOUSE, 53 FLAT 7 GRIFFITHS ROAD, LONDON, MERTON, GREATER LONDON, SW19 1SS	£350,000	04/08/2023	Flat
57A LATIMER ROAD, WIMBLEDON, LONDON, MERTON, GREATER LONDON, SW19 1EW	£307,500	24/07/2023	Flat
CONSORTIA HOUSE, 165 FLAT 6 MERTON ROAD, LONDON, MERTON, GREATER LONDON, SW19 1FR	£580,000	21/07/2023	Flat
36 QUICKS ROAD, LONDON, MERTON, GREATER LONDON, SW19 1EY	£425,000	25/05/2023	Flat

Area average: £474,454 (20 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -9%

10y growth -16.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Merton. Series: Flats and maisonettes. As of April 2026.

1y (index) -6%

5y (index) -3.3%

10y (index) 1.1%

Rental Range

Estimated market rent for Merton. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,903/mo

Realistic £2,114/mo

Optimistic £2,325/mo

Based on Local Authority from postcode lookup → Merton.

LHA (30th percentile) floor for Stevenage & North Herts: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Flat, Merton High St, SW19	£1,450/mo	1	0.39 miles	OpenRent

Average rent: £1,450/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.27%

Max investor price (0.8%) £181,250

Target investor price (1%) £145,000

Gross yield 3.3%

Cost-to-rent ratio 30.6×

Monthly cashflow £-817/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -6.3%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Street-level crime

Category	Count
Violence and sexual offences	118
Anti-social behaviour	89
Shoplifting	79
Other theft	43
Public order	37
Vehicle crime	28
Drugs	13
Bicycle theft	12
Burglary	11
Robbery	8
Other crime	5
Possession of weapons	4
Theft from the person	4
Criminal damage and arson	1
Total incidents	452

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Pelham Primary School	Primary	0.2 miles	Good — 1 Apr 2013
Holy Trinity CofE Primary School	Primary	0.3 miles	Outstanding — 9 Sep 2024
St Mary's Catholic Primary School	Primary	0.3 miles	Good — 8 Mar 2022
The Priory CofE School	Primary	0.4 miles	Good — 5 Mar 2023
Merton Abbey Primary School	Primary	0.4 miles	Good — 13 Jun 2019

FENSA

No FENSA certificates found for this address.

# PHOENIX HOUSE, 123 - 125 FLAT 21 MERTON ROAD, LONDON, MERTON, GREATER LONDON, SW19 1ED

## Property details

- Slug: `9c6c3c1` (address key hash: `9c6c3c1641bc1e75c9120d3bd18e8ab568258509`)
- Postcode: SW19 1ED
- Transactions on record: 2

- Tenure: Leasehold
- Property type: Flat
- Last sold: £532,500 Mar 2026
- Local average: £472,071 (149 sales)
- Street crime: 452 incidents within 1 mile (May 2026)

## Latest sale

- Price: £532,500
- Date: 2026-03-06
- Type: F
- Tenure: L

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-03-06 | £532,500 | Flat | -3.2% | £527,450 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/4e75c29d-a03c-8922-e063-4804a8c094d0) |
| Sold | 2022-03-25 | £550,000 | Flat | — | £534,091 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/0b853950-5d6e-69a5-e063-4704a8c07dac) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| PHOENIX HOUSE, 123 - 125 FLAT 21 MERTON ROAD, LONDON, MERTON, GREATER LONDON, SW19 1ED | £532,500 | 06/03/2026 | Flat |
| PHOENIX HOUSE, 123 - 125 FLAT 21 MERTON ROAD, LONDON, MERTON, GREATER LONDON, SW19 1ED | £550,000 | 25/03/2022 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 87A QUICKS ROAD, LONDON, MERTON, GREATER LONDON, SW19 1EX | £210,000 | 12/12/2025 | Flat |
| 25A WYCLIFFE ROAD, LONDON, MERTON, GREATER LONDON, SW19 1ES | £791,573 | 24/11/2025 | Flat |
| 20 FLAT 5 PELHAM ROAD, LONDON, MERTON, GREATER LONDON, SW19 1SX | £475,000 | 20/11/2025 | Flat |
| 34A LATIMER ROAD, WIMBLEDON, LONDON, MERTON, GREATER LONDON, SW19 1EP | £610,000 | 30/10/2025 | Flat |
| 88 THE LOWER MAISONETTE FLORENCE ROAD, LONDON, MERTON, GREATER LONDON, SW19 8TJ | £495,000 | 17/10/2025 | Flat |
| 139 - 145 FLAT 4 MERTON ROAD, LONDON, MERTON, GREATER LONDON, SW19 1ED | £345,000 | 15/10/2025 | Flat |
| CLOISTER HOUSE, 53 FLAT 4 GRIFFITHS ROAD, LONDON, MERTON, GREATER LONDON, SW19 1SS | £325,000 | 04/08/2025 | Flat |
| VISCOUNT POINT, 199 FLAT 42 THE BROADWAY, LONDON, MERTON, GREATER LONDON, SW19 1NL | £545,000 | 02/07/2025 | Flat |
| 55 LATIMER ROAD, WIMBLEDON, LONDON, MERTON, GREATER LONDON, SW19 1EW | £520,000 | 20/06/2025 | Flat |
| 1A BRIDGES ROAD, LONDON, MERTON, GREATER LONDON, SW19 1EN | £330,000 | 28/03/2025 | Flat |
| 16 FLAT 2 PELHAM ROAD, LONDON, MERTON, GREATER LONDON, SW19 1SX | £605,000 | 13/09/2024 | Flat |
| NORMANHURST FLAT 3 CECIL ROAD, LONDON, MERTON, GREATER LONDON, SW19 1JS | £700,000 | 22/04/2024 | Flat |
| 86A FLAT 3 QUICKS ROAD, LONDON, MERTON, GREATER LONDON, SW19 1EX | £380,000 | 15/12/2023 | Flat |
| 155A SOUTH PARK ROAD, LONDON, MERTON, GREATER LONDON, SW19 8RX | £525,000 | 16/11/2023 | Flat |
| PHOENIX HOUSE, 123 - 125 FLAT 13 MERTON ROAD, LONDON, MERTON, GREATER LONDON, SW19 1ED | £435,000 | 31/10/2023 | Flat |
| 23B WYCLIFFE ROAD, LONDON, MERTON, GREATER LONDON, SW19 1ES | £535,000 | 02/10/2023 | Flat |
| CLOISTER HOUSE, 53 FLAT 7 GRIFFITHS ROAD, LONDON, MERTON, GREATER LONDON, SW19 1SS | £350,000 | 04/08/2023 | Flat |
| 57A LATIMER ROAD, WIMBLEDON, LONDON, MERTON, GREATER LONDON, SW19 1EW | £307,500 | 24/07/2023 | Flat |
| CONSORTIA HOUSE, 165 FLAT 6 MERTON ROAD, LONDON, MERTON, GREATER LONDON, SW19 1FR | £580,000 | 21/07/2023 | Flat |
| 36 QUICKS ROAD, LONDON, MERTON, GREATER LONDON, SW19 1EY | £425,000 | 25/05/2023 | Flat |

**Area average:** £474,454 (20 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -9%
- **10y growth:** -16.5%

## House Price Index (HM Land Registry)

*Official index for Merton; Flats and maisonettes series; as of April 2026.*

- **1y growth (index):** -6%
- **5y growth (index):** -3.3%
- **10y growth (index):** 1.1%

## Rental Range

*ONS Price Index of Private Rents (Merton). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,903/mo
- **Realistic:** £2,114/mo
- **Optimistic:** £2,325/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Stevenage & North Herts (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Merton High St, SW19 | £1,450/mo | 1 | 0.39 miles | OpenRent |

**Average rent: £1,450/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.27% (weak for cashflow)
- **Max investor price (0.8%):** £181,250
- **Target investor price (1%):** £145,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,450/mo).*

- **Gross yield:** 3.3%
- **Cost-to-rent:** 30.6×
- **Monthly cashflow:** £-817/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -6.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 118 |
| Anti-social behaviour | 89 |
| Shoplifting | 79 |
| Other theft | 43 |
| Public order | 37 |
| Vehicle crime | 28 |
| Drugs | 13 |
| Bicycle theft | 12 |
| Burglary | 11 |
| Robbery | 8 |
| Other crime | 5 |
| Possession of weapons | 4 |
| Theft from the person | 4 |
| Criminal damage and arson | 1 |
| **Total incidents** | **452** |

*Within 1 mile during May 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Pelham Primary School | Primary | 0.2 miles | Good — 1 Apr 2013 |
| Holy Trinity CofE Primary School | Primary | 0.3 miles | Outstanding — 9 Sep 2024 |
| St Mary's Catholic Primary School | Primary | 0.3 miles | Good — 8 Mar 2022 |
| The Priory CofE School | Primary | 0.4 miles | Good — 5 Mar 2023 |
| Merton Abbey Primary School | Primary | 0.4 miles | Good — 13 Jun 2019 |