£686,487
This estimated value is based upon the latest sale price for the house of £450,000 on 21 Aug 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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97b Fortress Road, London, NW5 1AG
Phone: 02077687271
| Price Paid | Date |
|---|---|
| £450,000 | 21 Aug 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £450,000 results in an estimated price of approximately £686,487.
| 21 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £450,000 | £236,487 | £686,487 |
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 | 11.590 % | £52,155 | £502,155 |
| 3 Month Average | 0.133 % | £596 | £450,596 |
| 6 Month Average | 9.558 % | £43,009 | £493,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Oct 2023 | £552,550 | £540,000 | 20B LADY SOMERSET ROAD |
| 4 Apr 2023 | £2,190,980 | £2,150,000 | 34 BURGHLEY ROAD |
| 13 Jan 2023 | £426,139 | £425,000 | 1B LADY SOMERSET ROAD |
| 4 Nov 2022 | £705,700 | £709,000 | 36A BURGHLEY ROAD |
| 19 Aug 2022 | £9,020 | £8,978 | 12 LADY SOMERSET ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 30 Apr 2014. Using an estimated price of £686,487 means this house is valued at £12,043 per sq meter (£1,118 per sq foot).
The average size of a house on LADY SOMERSET ROAD is 112 sq meters (1,207 sq feet).