£531,674
This estimated value is based upon the latest sale price for the house of £310,000 on 29 Jan 2010. 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 |
|---|---|
| £310,000 | 29 Jan 2010 |
| £144,000 | 4 Oct 1999 |
| £77,500 | 16 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 566 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 January 2010 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.508%.Applying this 71.508% change to the original purchase price of £310,000 results in an estimated price of approximately £531,674.
| 29 Jan 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.508 % | £310,000 | £221,674 | £531,674 |
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 | -30.863 % | £-95,676 | £214,323 |
| 3 Month Average | 35.136 % | £108,921 | £418,921 |
| 6 Month Average | 56.882 % | £176,334 | £486,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £1,324,109 | £1,325,000 | FLAT 110 DORSET HOUSE GLOUCESTER PLACE |
| 7 Aug 2022 | £992,329 | £995,000 | FLAT 179 DORSET HOUSE GLOUCESTER PLACE |
| 1 Jul 2022 | £922,483 | £920,000 | FLAT 175 DORSET HOUSE GLOUCESTER PLACE |
| 4 Feb 2022 | £797,008 | £760,000 | FLAT 125 DORSET HOUSE GLOUCESTER PLACE |
| 25 Aug 2021 | £1,125,656 | £1,009,000 | FLAT 57 DORSET HOUSE GLOUCESTER PLACE |
This house has a floor area of 52 sq meters or 566 sq feet when measured on 25 Sep 2009. Using an estimated price of £531,675 means this house is valued at £10,107 per sq meter (£939 per sq foot).
The average size of a house on GLOUCESTER PLACE is 64 sq meters (694 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Chagford Street |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Petrol Station |
| Dec 2023 | Theft from the person | Investigation complete; no suspect identified | On or near Petrol Station |