£563,052
This estimated value is based upon the latest sale price for the house of £461,000 on 14 Oct 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 |
|---|---|
| £461,000 | 14 Oct 2019 |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £461,000 results in an estimated price of approximately £563,052.
| 14 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £461,000 | £102,052 | £563,052 |
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 | 6.950 % | £32,039 | £493,039 |
| 3 Month Average | 5.309 % | £24,474 | £485,474 |
| 6 Month Average | -14.825 % | £-68,343 | £392,656 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2023 | £1,259,360 | £1,250,000 | FLAT 180 CLARENCE GATE GARDENS GLENTWORTH STREET |
| 17 Apr 2023 | £11,082,369 | £11,000,000 | 231 - 233 BAKER STREET |
| 29 Sep 2022 | £1,432,577 | £1,450,000 | FLAT 175 CLARENCE GATE GARDENS GLENTWORTH STREET |
| 8 Jul 2022 | £1,258,300 | £1,260,000 | FLAT 134 CLARENCE GATE GARDENS GLENTWORTH STREET |
| 18 Mar 2022 | £1,589,400 | £1,540,000 | FLAT 176 CLARENCE GATE GARDENS GLENTWORTH STREET |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 8 Apr 2019. Using an estimated price of £563,052 means this house is valued at £15,640 per sq meter (£1,453 per sq foot).
The average size of a house on SIDDONS LANE is 67 sq meters (726 sq feet).
This house is the smallest in the street with a floor area of 36 sq meters (387 sq feet).