£441,231
This estimated value is based upon the latest sale price for the house of £83,750 on 8 Jan 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Melville Place
More crime details
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70 Essex Road, London, N1 8LT
Phone: 02080338978
| Price Paid | Date |
|---|---|
| £83,750 | 8 Jan 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 1997 the House Price Index for GREATER LONDON was 27.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 426.844%.Applying this 426.844% change to the original purchase price of £83,750 results in an estimated price of approximately £441,231.
| 8 Jan 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 146.7 | 426.844 % | £83,750 | £357,481 | £441,231 |
The Postcode Pricing Model uses changes in average sales price within the N1 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 | 509.459 % | £426,671 | £510,421 |
| 3 Month Average | 394.747 % | £330,600 | £414,350 |
| 6 Month Average | 435.144 % | £364,433 | £448,183 |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 8 Nov 2019.
The average size of a house on MELVILLE PLACE is 66 sq meters (719 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Melville Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Melville Place |
| Dec 2023 | Anti-social behaviour | On or near Melville Place | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Melville Place |
| Dec 2023 | Anti-social behaviour | On or near Melville Place |