Flat 2, 98 Melrose Avenue, London, NW2 4JT is a leasehold flat built between 1900-1929. The property offers approximately 398 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £257,747 , which equates to approximately £647 per square foot. It was last sold on 7 Mar 1997 for £43,000. Since then, the value has increased by £214,747, representing a 499.4% increase, or approximately 17.4% per year.

The current estimated value of £257,747 is:

  • 69.5% lower than the average property price on Melrose Avenue
  • 63.4% lower than the average in the NW2 4JT postcode area
  • and 70.6% lower than the average price for London as a whole

At the most recent EPC inspection on 12 February 2021, the property was recorded as rented.

View sold house prices in NW2 4JT

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
398 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£257,747
Price Per sq ft (estimate)
£647
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 98 Melrose Avenue, London, Brent, Greater London, NW2 4JT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 12 Feb 2021.

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 single glazed.

The previous EPC assessment was conducted on 16 Dec 2008. The rating of D remains the same, but the energy efficiency score improved by 11.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to (another dwelling above), changing energy efficiency from very poor to n/a.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 71% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to NW2 4JT

27 th / 28
Price Rank
63% lower than average
17 th / 17
Size Rank
63% smaller than average
13 th / 17
Price Per Sq FT Rank
0% same as average

Compared to other properties in NW2 4JT , this flat's estimated value ranks 27th out of 28. Based on price per square foot, it ranks 13th out of 17 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 17th out of 17 properties in its postcode area.

Sale History

Today
£257,747
streetscan.co.uk estimate
+499 %
7 Mar 1997
£43,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 366 sq ft
sale price: £292,000
sale date: 30 Mar 2016
rooms: 3
size: 452 sq ft
sale price: £180,000
sale date: 1 Nov 2013
rooms: 3
size: 441 sq ft
sale price: £230,000
sale date: 1 Nov 2013
rooms: 2
size: 441 sq ft
sale price: £245,000
sale date: 21 Oct 2013
rooms: 2
size: 409 sq ft
sale price: £230,000
sale date: 5 Sep 2012

Data Sources

The property at Flat 2, 98 Melrose Avenue, London, Brent, Greater London, NW2 4JT appears once in the Land Registry records, with the transaction recorded on 7 Mar 1997. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Feb 2021. 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.