116 Melrose Avenue

    116, MELROSE AVENUE, LONDON, NW2 4JX

    This flat/maisonette leasehold property on Melrose Avenue last sold in January 2014 for £580,000. Based on price growth in the NW2 district since then, its estimated current value is £740,913 — placing it in the 91st percentile nationally and the 74th percentile within NW2. The property covers 106 m² (1,141 sq ft), giving an estimated value of £6,990 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,141 sq ft

    106 m²

    Last Sale Price

    £580,000

    Jan 2014

    Estimated Valuation

    £740,913

    Est. £/sq ft

    £649/sq ft

    £6,990/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area1,141 sq ft (106 m²)
    EPC dateOct 2013
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Jan 2014

    £580,000

    9 May 2008

    £398,000

    17 Oct 2002

    £289,950

    Key Metrics

    Estimated valuation£740,913
    Value per sq ft / m²£649/sq ft (£6,990/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NW2 district percentile74th percentile
    National percentile91st percentile

    District Context — NW2

    NW2 covers Cricklewood and West Hampstead in northwest London, sitting between the North Circular Road and Hampstead Heath. It is a mixed residential area with strong transport links and diverse housing stock, appealing to both families and young professionals.

    Average Property Price - NW2

    £717,336

    94

    National percentile

    Average Net Household Income - NW2

    £47,254

    82

    National percentile

    10-Year Annualised Price Growth - NW2

    1.9%

    8

    National percentile

    10-Year Annualised Rent Growth - NW

    2.6%

    2

    National percentile

    View full analysis for NW2

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