Flat 4, 98 Melrose Avenue, London, NW2 4JT is a leasehold flat built between 1930-1949. The property offers approximately 603 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £339,584 , which equates to approximately £563 per square foot. It was last sold on 6 Sep 2024 for £341,250. Since then, the value has decreased by £1,666, representing a 0.5% decrease, or approximately 0.4% per year.

The current estimated value of £339,584 is:

  • 59.8% lower than the average property price on Melrose Avenue
  • 51.7% lower than the average in the NW2 4JT postcode area
  • and 61.2% lower than the average price for London as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 28 April 2023, the property was recorded as rented.

View sold house prices in NW2 4JT

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£339,584
Price Per sq ft (estimate)
£563
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 98 Melrose Avenue, London, Brent, Greater London, NW2 4JT has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 28 Apr 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 single glazed.

The previous EPC assessment was conducted on 12 Jun 2013. The rating of E is unchanged, though the energy efficiency score decreased by 12.2%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from good to average, while the system remained as from main system.
  • The roof construction or insulation changed from flat, no insulation (assumed) to pitched, no insulation (assumed), with no change in energy efficiency (very poor).
  • The windows were upgraded from partial double glazing to single glazed.
  • The lighting was updated from low energy lighting in 14% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Timber frame, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to NW2 4JT

20 th / 28
Price Rank
52% lower than average
16 th / 17
Size Rank
44% smaller than average
2 nd / 17
Price Per Sq FT Rank
13% lower than average

Compared to other properties in NW2 4JT , this flat's estimated value ranks 20th out of 28. Based on price per square foot, it ranks 2nd out of 17 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 16th out of 17 properties in its postcode area.

Sale History

Today
£339,584
streetscan.co.uk estimate
-0 %
6 Sep 2024
£341,250
Leasehold
+36.5 %
10 Dec 2012
£250,000
Leasehold
+25 %
10 May 2006
£200,000
Leasehold
+73.9 %
8 Oct 1999
£115,000
Leasehold
+39.4 %
22 May 1998
£82,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £99,000
sale date: 27 Nov 1998
rooms: 3
size: 678 sq ft
sale price: £413,000
sale date: 24 May 2024
rooms: 3
size: 626 sq ft
sale price: £557,500
sale date: 3 Mar 2022
rooms: 3
size: 565 sq ft
sale price: £343,100
sale date: 5 Mar 2021
rooms: 3
size: 517 sq ft
sale price: £375,000
sale date: 8 Jul 2019

Data Sources

The property at Flat 4, 98 Melrose Avenue, London, NW2 4JT appears five times in the Land Registry records, with the latest transaction recorded on 6 Sep 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Apr 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.