£1,706,645
This estimated value is based upon the latest sale price for the house of £1,385,000 on 5 May 2020. 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 |
|---|---|
| £1,385,000 | 5 May 2020 |
| Terraced |
| Freehold |
| Floor Area: 222 sq meters or 2,389 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 May 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £1,385,000 results in an estimated price of approximately £1,706,645.
| 5 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £1,385,000 | £321,645 | £1,706,645 |
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 | -16.420 % | £-227,412 | £1,157,587 |
| 3 Month Average | 14.607 % | £202,311 | £1,587,311 |
| 6 Month Average | 8.615 % | £119,319 | £1,504,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £674,159 | £662,000 | SECOND AND THIRD FLOOR FLAT 6 MONTPELIER GROVE |
| 17 Aug 2023 | £404,292 | £397,000 | 5B MONTPELIER GROVE |
| 8 Mar 2023 | £358,487 | £352,500 | LOWER GROUND FLOOR FLAT 2 MONTPELIER GROVE |
| 27 Sep 2022 | £481,678 | £482,000 | FIRST FLOOR FLAT 45 MONTPELIER GROVE |
| 27 Jun 2022 | £490,485 | £480,000 | BOTTOM FLOOR 37 MONTPELIER GROVE |
This house has a floor area of 222 sq meters or 2,389 sq feet when measured on 7 Feb 2020. Using an estimated price of £1,706,646 means this house is valued at £7,687 per sq meter (£714 per sq foot).
The average size of a house on MONTPELIER GROVE is 109 sq meters (1,175 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Dunollie Road |
| Apr 2024 | Public order | Under investigation | On or near Leighton Crescent |