£547,673
This estimated value is based upon the latest sale price for the house of £320,000 on 17 Dec 2010. 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 |
|---|---|
| £320,000 | 17 Dec 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 December 2010 the House Price Index for GREATER LONDON was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £320,000 results in an estimated price of approximately £547,673.
| 17 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £320,000 | £227,673 | £547,673 |
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 | -16.259 % | £-52,029 | £267,970 |
| 3 Month Average | 21.954 % | £70,251 | £390,251 |
| 6 Month Average | 60.227 % | £192,724 | £512,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £544,527 | £535,000 | 8B - 8D LADY SOMERSET ROAD |
| 27 Sep 2023 | £562,188 | £555,000 | 2B OAKFORD ROAD |
| 13 Jan 2023 | £423,007 | £425,000 | 1B LADY SOMERSET ROAD |
| 29 Jul 2022 | £1,002,699 | £1,000,000 | LOWER GROUND AND GROUND FLOOR FLAT 72 BURGHLEY ROAD |
| 1 Jul 2022 | £676,321 | £674,500 | SECOND AND THIRD FLOOR FLAT 72 BURGHLEY ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 22 Oct 2013. Using an estimated price of £547,674 means this house is valued at £5,826 per sq meter (£541 per sq foot).
The average size of a house on OAKFORD ROAD is 127 sq meters (1,369 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Gottfried Mews |
| Jan 2024 | Public order | Under investigation | On or near Gottfried Mews |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gottfried Mews |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gottfried Mews |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Gottfried Mews |