£393,086
This estimated value is based upon the latest sale price for the house of £320,000 on 19 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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22 Melcombe Street, Marylebone, London, NW1 6AH
Phone: 02036415243
| Price Paid | Date |
|---|---|
| £320,000 | 19 Jul 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 31 sq meters or 333 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £320,000 results in an estimated price of approximately £393,086.
| 19 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £320,000 | £73,086 | £393,086 |
The Postcode Pricing Model uses changes in average sales price within the NW1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -26.807 % | £-85,781 | £234,218 |
| 3 Month Average | -13.110 % | £-41,952 | £278,047 |
| 6 Month Average | -17.874 % | £-57,196 | £262,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £1,363,290 | £1,355,000 | 45 CHAGFORD STREET |
| 24 Apr 2023 | £569,231 | £565,000 | GROUND FLOOR FLAT 160 GLOUCESTER PLACE |
| 7 Nov 2022 | £4,625,000 | £4,700,000 | GROUND FIRST AND SECOND FLOOR FLAT 5 DORSET SQUARE |
| 1 Jul 2022 | £1,974,786 | £1,977,455 | FLAT 4 3 - 5 DORSET SQUARE |
| 4 May 2022 | £685,185 | £675,000 | FLAT 10 3 - 5 DORSET SQUARE |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 23 Mar 2021. Using an estimated price of £393,086 means this house is valued at £12,680 per sq meter (£1,178 per sq foot).
The average size of a house on GLOUCESTER PLACE is 64 sq meters (694 sq feet).