£22,445
This estimated value is based upon the latest sale price for the house of £4,000 on 9 May 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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136 Fortess Rd, Kentish Town, London, NW5 2HP
Phone: 02081289347
Price Paid | Date |
---|---|
£4,000 | 9 May 1996 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 607 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 1996 the House Price Index for GREATER LONDON was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 461.136%.Applying this 461.136% change to the original purchase price of £4,000 results in an estimated price of approximately £22,445.
9 May 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 148.6 | 461.136 % | £4,000 | £18,445 | £22,445 |
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 | 323.325 % | £12,933 | £16,933 |
3 Month Average | 369.757 % | £14,790 | £18,790 |
6 Month Average | 468.779 % | £18,751 | £22,751 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £642,512 | £633,000 | FLAT 2 149 BRECKNOCK ROAD |
18 Aug 2023 | £529,633 | £525,000 | FLAT 7 198 BRECKNOCK ROAD |
21 Jul 2023 | £557,503 | £550,000 | FLAT 3 198 BRECKNOCK ROAD |
22 Jun 2023 | £769,319 | £760,000 | FLAT 1 198 BRECKNOCK ROAD |
3 Mar 2023 | £948,940 | £940,000 | FLAT 2 198 BRECKNOCK ROAD |
This house has a floor area of 56 sq meters or 607 sq feet when measured on 16 Jul 2009. Using an estimated price of £22,445 means this house is valued at £397 per sq meter (£36 per sq foot).
The average size of a house on OSPRINGE ROAD is 76 sq meters (820 sq feet).