Westminster Court, 48 Melville Place

    WESTMINSTER COURT, 48, MELVILLE PLACE, LONDON, N1 8ND

    This flat/maisonette leasehold property on Melville Place last sold in February 2023 for £350,000. Based on price growth in the N1 district since then, its estimated current value is £339,552 — placing it in the 57th percentile nationally and the 7th percentile within N1. The property covers 36 m² (388 sq ft), giving an estimated value of £9,432 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    388 sq ft

    36 m²

    Last Sale Price

    £350,000

    Feb 2023

    Estimated Valuation

    £339,552

    Est. £/sq ft

    £876/sq ft

    £9,432/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area388 sq ft (36 m²)
    EPC dateSept 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    24 Feb 2023

    £350,000

    20 Dec 2021

    £360,000

    8 May 2003

    £173,000

    19 Sept 1997

    New build

    £82,500

    Key Metrics

    Estimated valuation£339,552
    Value per sq ft / m²£876/sq ft (£9,432/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    N1 district percentile7th percentile
    National percentile57th 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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