£4,645,131
This estimated value is based upon the latest sale price for the house of £3,775,000 on 10 Jun 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 |
|---|---|
| £3,775,000 | 10 Jun 2019 |
| £2,800,000 | 1 Dec 2016 |
| Terraced |
| Freehold |
| Floor Area: 254 sq meters or 2,734 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 June 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £3,775,000 results in an estimated price of approximately £4,645,131.
| 10 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £3,775,000 | £870,131 | £4,645,131 |
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 | -42.026 % | £-1,586,479 | £2,188,520 |
| 3 Month Average | -14.794 % | £-558,470 | £3,216,529 |
| 6 Month Average | -17.201 % | £-649,347 | £3,125,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2023 | £11,082,369 | £11,000,000 | 231 - 233 BAKER STREET |
| 17 Apr 2023 | £1,259,360 | £1,250,000 | FLAT 180 CLARENCE GATE GARDENS GLENTWORTH STREET |
| 29 Sep 2022 | £1,432,577 | £1,450,000 | FLAT 175 CLARENCE GATE GARDENS GLENTWORTH STREET |
| 18 Mar 2022 | £1,589,400 | £1,540,000 | FLAT 176 CLARENCE GATE GARDENS GLENTWORTH STREET |
| 30 Oct 2020 | £584,173 | £500,000 | FLAT 6 19 WIMBLEDON PARK ROAD |
This house has a floor area of 254 sq meters or 2,734 sq feet when measured on 24 Sep 2014. Using an estimated price of £4,645,132 means this house is valued at £18,287 per sq meter (£1,699 per sq foot).
The average size of a house on PARK ROAD is 70 sq meters (760 sq feet).