£626,943
This estimated value is based upon the latest sale price for the house of £514,500 on 28 Feb 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 |
|---|---|
| £514,500 | 28 Feb 2020 |
| £332,500 | 15 Oct 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £514,500 results in an estimated price of approximately £626,943.
| 28 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £514,500 | £112,443 | £626,943 |
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 | -47.218 % | £-242,934 | £271,565 |
| 3 Month Average | -12.974 % | £-66,751 | £447,748 |
| 6 Month Average | -0.481 % | £-2,473 | £512,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £545,317 | £535,000 | 8B - 8D LADY SOMERSET ROAD |
| 13 Jan 2023 | £421,299 | £425,000 | 1B LADY SOMERSET ROAD |
| 29 Jul 2022 | £998,650 | £1,000,000 | LOWER GROUND AND GROUND FLOOR FLAT 72 BURGHLEY ROAD |
| 1 Jul 2022 | £673,590 | £674,500 | SECOND AND THIRD FLOOR FLAT 72 BURGHLEY ROAD |
| 1 Jul 2022 | £11,983,806 | £12,000,000 | 123 FORTESS ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 14 Jun 2012. Using an estimated price of £626,944 means this house is valued at £9,951 per sq meter (£924 per sq foot).
The average size of a house on OAKFORD ROAD is 127 sq meters (1,369 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Oakford Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oakford Road |
| Mar 2024 | Drugs | Under investigation | On or near Oakford Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Oakford Road |
| Apr 2024 | Other theft | Under investigation | On or near Gottfried Mews |