Flat 2, 115 Melrose Avenue, London, NW2 4LX is a leasehold flat built between 1900-1929. The property offers approximately 538 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £557,348 , which equates to approximately £1,036 per square foot. It was last sold on 27 May 2016 for £530,000. Since then, the value has increased by £27,348, representing a 5.2% increase, or approximately 0.5% per year.

The current estimated value of £557,348 is:

  • 34.1% lower than the average property price on Melrose Avenue
  • 25.6% lower than the average in the NW2 4LX postcode area
  • and 36.3% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 5 October 2023, the property was recorded as owner-occupied.

View sold house prices in NW2 4LX

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
538 sq ft
Tenure
Leasehold
Price (estimate)
£557,348
Price Per sq ft (estimate)
£1,036
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 115 Melrose Avenue, London, Brent, Greater London, NW2 4LX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 5 Oct 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Apr 2010, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 40.4%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The windows were upgraded from partial double glazing to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NW2 4LX

6 th / 12
Price Rank
26% lower than average
8 th / 11
Size Rank
41% smaller than average
2 nd / 11
Price Per Sq FT Rank
25% higher than average

Compared to other properties in NW2 4LX , this flat's estimated value ranks 6th out of 12. Based on price per square foot, it ranks 2nd out of 11 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 8th out of 11 properties in its postcode area.

Sale History

Today
£557,348
streetscan.co.uk estimate
+5 %
27 May 2016
£530,000
Leasehold
+106.2 %
20 Oct 2006
£257,000
Leasehold
+14.2 %
6 May 2004
£225,000
Leasehold
+82.9 %
29 Apr 1999
£123,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 517 sq ft
sale price: £375,000
sale date: 8 Jul 2019
rooms: 3
size: 549 sq ft
sale price: £286,750
sale date: 2 Jul 2012
rooms: 3
size: 517 sq ft
sale price: £165,000
sale date: 17 Sep 2002
rooms: 2
size: 603 sq ft
sale price: £341,250
sale date: 6 Sep 2024
rooms: 3
size: 565 sq ft
sale price: £343,100
sale date: 5 Mar 2021

Data Sources

The property at Flat 2, 115 Melrose Avenue, London, NW2 4LX appears four times in the Land Registry records, with the latest transaction recorded on 27 May 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Oct 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.