£587,961
This estimated value is based upon the latest sale price for the house of £575,000 on 22 Sep 2023. 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 |
---|---|
£575,000 | 22 Sep 2023 |
£340,000 | 4 Sep 2006 |
£250,000 | 28 Apr 2001 |
£216,000 | 11 Aug 2000 |
£190,000 | 9 Sep 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 513 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 September 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £575,000 results in an estimated price of approximately £587,961.
22 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £575,000 | £12,961 | £587,961 |
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 | 65.938 % | £379,146 | £954,146 |
3 Month Average | -5.745 % | £-33,034 | £541,965 |
6 Month Average | -15.115 % | £-86,913 | £488,086 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Oct 2023 | £478,365 | £467,500 | FLAT 22 WIMBORNE HOUSE HAREWOOD AVENUE |
19 Oct 2023 | £475,807 | £465,000 | FLAT 6 FARNHAM HOUSE HAREWOOD AVENUE |
22 Sep 2023 | £587,961 | £575,000 | FLAT 103 WATERDALE MANOR HOUSE, 20 HAREWOOD AVENUE |
21 Sep 2023 | £741,342 | £725,000 | FLAT 25 LASCELLES HOUSE HAREWOOD AVENUE |
15 Sep 2023 | £562,398 | £550,000 | FLAT 16 FARNHAM HOUSE HAREWOOD AVENUE |
This house has a floor area of 47 sq meters or 513 sq feet when measured on 14 May 2010. Using an estimated price of £587,961 means this house is valued at £12,331 per sq meter (£1,145 per sq foot).
The average size of a house on HAREWOOD AVENUE is 78 sq meters (841 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Harewood Avenue |
Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Harewood Avenue |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Harewood Avenue |
Aug 2024 | Drugs | Under investigation | On or near Harewood Avenue |
Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Harewood Avenue |