Richmond Court, 61 Melville Place

    RICHMOND COURT, 61, MELVILLE PLACE, LONDON, N1 8NF

    This flat/maisonette leasehold property on Melville Place last sold in February 2025 for £587,500. Based on price growth in the N1 district since then, its estimated current value is £587,500 — placing it in the 85th percentile nationally and the 41st percentile within N1. The property covers 51 m² (549 sq ft), giving an estimated value of £11,520 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £587,500

    Feb 2025

    Estimated Valuation

    £587,500

    Est. £/sq ft

    £1,070/sq ft

    £11,520/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area549 sq ft (51 m²)
    EPC dateDec 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    19 Feb 2025

    £587,500

    29 Jun 2007

    £390,000

    8 Aug 2001

    £230,000

    18 Jun 1997

    New build

    £151,000

    Key Metrics

    Estimated valuation£587,500
    Value per sq ft / m²£1,070/sq ft (£11,520/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    N1 district percentile41st percentile
    National percentile85th 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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