2, Melina Place
2, Melina Place
Description & Estimates
2, Melina Place is described in the public record as a period house with 1,829 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Melina Place is £4,680,523 and its rental estimate is £11,976 per month, given the available information and assuming reasonable condition.
Melina Place, London, NW8 falls within the NW8 postal district, in the borough of City of Westminster.
Our Data Sources
2, Melina Place has no records in the the Land Registry and a single entry in the EPC database dated September 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Melina Place, we estimate a market value of £4,914,549 and a rental value of £12,574 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £4,352,887 and £11,137 per month respectively.
Recent Market Change
Over the last year, 2, Melina Place has seen its estimated sale value move down by £115,121 (2.5%) and its estimated rental value increase by £515 per month (4.3%). This results in an estimated gross rental yield of 3.1%.
Energy Efficiency
2, Melina Place has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Sep 2020.
The property is connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 2, Melina Place has sold within a radius of 260 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2022, was 26, Hamilton Terrace, London, NW8 9UG, a leasehold house which sold for £5,700,000.
Read more about house prices in NW8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 2 lets within 260 metres of 2, Melina Place.
The latest, in December 2020, was 192, Scott Ellis Gardens, London, NW8 9RS, a leasehold flat let by Maplewood Property.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 18 addresses on Melina Place, London, NW8, 2, Melina Place comes out as the 14th largest and the 9th most expensive in our analysis of the public data.
It is also £3.422m more expensive than the average property across the NW8 district.
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Schools Nearby
- 400mSt Joseph's RC Primary School
- 500mGateway Academy
- 700mSt John's Wood Primary School
- 900mSt George's Catholic School
- 1.0kmHarris Academy St John's Wood
- 1.1kmMarylebone Boys' School
More reading links
Public Transport Nearby
From 2, Melina Place, the nearest station is Maida Vale, 600 metres away.
- 600mMaida Vale
- 700mSt John's Wood
- 800mWarwick Avenue
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
