Flat 1 115 Melrose Avenue

    FLAT 1 115, MELROSE AVENUE, LONDON, NW2 4LX

    This flat/maisonette leasehold property on Melrose Avenue last sold in July 2019 for £375,000. Based on price growth in the NW2 district since then, its estimated current value is £400,582 — placing it in the 67th percentile nationally and the 21st percentile within NW2. The property covers 48 m² (517 sq ft), giving an estimated value of £8,345 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £375,000

    Jul 2019

    Estimated Valuation

    £400,582

    Est. £/sq ft

    £775/sq ft

    £8,345/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area517 sq ft (48 m²)
    EPC dateMar 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Jul 2019

    £375,000

    19 Sept 2011

    £249,000

    2 Apr 2003

    £188,500

    15 Jan 2002

    £155,000

    Key Metrics

    Estimated valuation£400,582
    Value per sq ft / m²£775/sq ft (£8,345/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NW2 district percentile21st percentile
    National percentile67th 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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