£951,095
This estimated value is based upon the latest sale price for the house of £170,000 on 1 Mar 1995. 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 |
---|---|
£170,000 | 1 Mar 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 97 sq meters or 1,044 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 March 1995 the House Price Index for GREATER LONDON was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 459.468%.Applying this 459.468% change to the original purchase price of £170,000 results in an estimated price of approximately £951,095.
1 Mar 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.6 | 148.6 | 459.468 % | £170,000 | £781,095 | £951,095 |
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 | 365.620 % | £621,553 | £791,553 |
3 Month Average | 500.546 % | £850,928 | £1,020,928 |
6 Month Average | 450.561 % | £765,952 | £935,952 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jul 2023 | £988,301 | £975,000 | FLAT 81 CLARENCE GATE GARDENS GLENTWORTH STREET |
7 Nov 2022 | £4,643,750 | £4,700,000 | GROUND FIRST AND SECOND FLOOR FLAT 5 DORSET SQUARE |
1 Jul 2022 | £1,982,792 | £1,977,455 | FLAT 4 3 - 5 DORSET SQUARE |
1 Jul 2022 | £922,483 | £920,000 | FLAT 175 DORSET HOUSE GLOUCESTER PLACE |
23 Jun 2022 | £1,673,652 | £1,650,000 | FLAT 97 CLARENCE GATE GARDENS GLENTWORTH STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 28 Mar 2013. Using an estimated price of £951,095 means this house is valued at £9,805 per sq meter (£910 per sq foot).
The average size of a house on GLENTWORTH STREET is 102 sq meters (1,107 sq feet).