£1,204,522
This estimated value is based upon the latest sale price for the house of £815,000 on 27 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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122 Fortress Road, London, NW5 2HL
Phone: 02081668244
Price Paid | Date |
---|---|
£815,000 | 27 Feb 2015 |
Terraced |
Freehold |
Floor Area: 30 sq meters or 331 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in February 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £815,000 results in an estimated price of approximately £1,204,522.
27 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 148.6 | 47.794 % | £815,000 | £389,522 | £1,204,522 |
The Postcode Pricing Model uses changes in average sales price within the NW5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -6.049 % | £-49,297 | £765,702 |
3 Month Average | -7.685 % | £-62,632 | £752,367 |
6 Month Average | 17.322 % | £141,175 | £956,175 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jan 2023 | £2,562,927 | £2,575,000 | 70 LADY MARGARET ROAD |
6 Oct 2022 | £425,419 | £430,000 | FIRST FLOOR FLAT 43 COUNTESS ROAD |
15 Aug 2022 | £434,720 | £435,890 | FLAT B 68 LADY MARGARET ROAD |
4 Aug 2022 | £2,119,295 | £2,125,000 | 1 DUNOLLIE ROAD |
12 Apr 2022 | £1,158,524 | £1,125,000 | 25A OSPRINGE ROAD |
This house has a floor area of 30 sq meters or 331 sq feet when measured on 23 Apr 2010. Using an estimated price of £1,204,523 means this house is valued at £39,095 per sq meter (£3,632 per sq foot).
The average size of a house on COUNTESS ROAD is 119 sq meters (1,291 sq feet).
This house is the smallest in the street with a floor area of 30 sq meters (331 sq feet).