Chelsea Court, 2 Melville Place

    CHELSEA COURT, 2, MELVILLE PLACE, LONDON, N1 8NE

    This flat/maisonette leasehold property on Melville Place last sold in June 2015 for £657,500. Based on price growth in the N1 district since then, its estimated current value is £686,854 — placing it in the 90th percentile nationally and the 53rd percentile within N1. The property covers 59 m² (635 sq ft), giving an estimated value of £11,642 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £657,500

    Jun 2015

    Estimated Valuation

    £686,854

    Est. £/sq ft

    £1,082/sq ft

    £11,642/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area635 sq ft (59 m²)
    EPC dateFeb 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    26 Jun 2015

    £657,500

    4 Jun 1997

    New build

    £169,000

    Key Metrics

    Estimated valuation£686,854
    Value per sq ft / m²£1,082/sq ft (£11,642/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    N1 district percentile53rd percentile
    National percentile90th percentile

    District Context — N1

    N1 covers central and north London neighbourhoods including Islington, Canonbury and Pentonville, situated just north of the City. It is a diverse, densely populated urban district with strong professional employment and a substantial private rental market.

    Average Property Price - N1

    £857,103

    96

    National percentile

    Average Net Household Income - N1

    £47,875

    83

    National percentile

    10-Year Annualised Price Growth - N1

    0.5%

    3

    National percentile

    10-Year Annualised Rent Growth - N

    3.4%

    20

    National percentile

    View full analysis for N1

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