£786,666
This estimated value is based upon the latest sale price for the house of £155,000 on 4 Aug 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
43-45 Fortess Road, Kentish Town, London, NW5 1AD
Phone: 02034632687
Price Paid | Date |
---|---|
£155,000 | 4 Aug 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 August 1997 the House Price Index for GREATER LONDON was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £155,000 results in an estimated price of approximately £786,666.
4 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.5 | 149.7 | 407.526 % | £155,000 | £631,666 | £786,666 |
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 | 402.698 % | £624,181 | £779,181 |
3 Month Average | 449.391 % | £696,556 | £851,556 |
6 Month Average | 472.710 % | £732,699 | £887,699 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £625,431 | £620,000 | FLAT 1 55 FORTESS ROAD |
29 Sep 2023 | £1,227,049 | £1,200,000 | 53 FORTESS ROAD |
4 Apr 2023 | £2,190,980 | £2,150,000 | 34 BURGHLEY ROAD |
4 Nov 2022 | £705,700 | £709,000 | 36A BURGHLEY ROAD |
16 Aug 2022 | £2,185,218 | £2,175,000 | 7 BURGHLEY ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 7 Dec 2010. Using an estimated price of £786,666 means this house is valued at £16,388 per sq meter (£1,522 per sq foot).
The average size of a house on BURGHLEY ROAD is 113 sq meters (1,219 sq feet).