£761,797
This estimated value is based upon the latest sale price for the house of £630,000 on 21 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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12 Melcombe Place, London, NW1 6JJ
Phone: 02081284724
| Price Paid | Date |
|---|---|
| £630,000 | 21 Jul 2020 |
| £52,000 | 23 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £630,000 results in an estimated price of approximately £761,797.
| 21 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £630,000 | £131,797 | £761,797 |
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 | -13.302 % | £-83,800 | £546,199 |
| 3 Month Average | 6.092 % | £38,382 | £668,382 |
| 6 Month Average | -13.865 % | £-87,352 | £542,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £606,986 | £598,000 | FLAT 11 MARATHON HOUSE, 200 MARYLEBONE ROAD |
| 28 Apr 2023 | £530,714 | £525,000 | FLAT 45 MARATHON HOUSE, 200 MARYLEBONE ROAD |
| 31 Mar 2023 | £787,418 | £780,000 | APARTMENT 15 33 DORSET SQUARE |
| 10 Feb 2023 | £1,394,062 | £1,395,000 | FLAT 11 MELCOMBE COURT DORSET SQUARE |
| 31 Jan 2023 | £850,991 | £855,000 | 32 DORSET SQUARE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 29 Aug 2019. Using an estimated price of £761,798 means this house is valued at £14,107 per sq meter (£1,310 per sq foot).
The average size of a house on MELCOMBE PLACE is 59 sq meters (644 sq feet).