Flat 1 197 Melrose Avenue

    FLAT 1 197, MELROSE AVENUE, LONDON, NW2 4NA

    This flat/maisonette leasehold property on Melrose Avenue last sold in February 2020 for £499,950. Based on price growth in the NW2 district since then, its estimated current value is £480,714 — placing it in the 77th percentile nationally and the 37th percentile within NW2. The property covers 83 m² (893 sq ft), giving an estimated value of £5,792 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £499,950

    Feb 2020

    Estimated Valuation

    £480,714

    Est. £/sq ft

    £538/sq ft

    £5,792/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area893 sq ft (83 m²)
    EPC dateNov 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Feb 2020

    £499,950

    8 Jul 2013

    £385,000

    Key Metrics

    Estimated valuation£480,714
    Value per sq ft / m²£538/sq ft (£5,792/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NW2 district percentile37th percentile
    National percentile77th 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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