£502,450
This estimated value is based upon the latest sale price for the house of £496,000 on 17 Nov 2023. 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 |
|---|---|
| £496,000 | 17 Nov 2023 |
| £80,000 | 9 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 609 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 November 2023 the House Price Index for GREATER LONDON was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £496,000 results in an estimated price of approximately £502,450.
| 17 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £496,000 | £6,450 | £502,450 |
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 | -7.328 % | £-36,349 | £459,650 |
| 3 Month Average | -12.394 % | £-61,473 | £434,526 |
| 6 Month Average | -4.636 % | £-22,992 | £473,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £530,000 | £530,000 | FLAT 12 PALMER HOUSE 76-84 FORTESS ROAD |
| 17 Nov 2023 | £502,450 | £496,000 | FLAT 10 PALMER HOUSE 76-84 FORTESS ROAD |
| 9 Jan 2023 | £569,993 | £575,000 | FLAT 5 PALMER HOUSE 76-84 FORTESS ROAD |
| 27 Sep 2022 | £444,593 | £450,000 | FLAT 3 COTTON HOUSE, 93 FORTESS ROAD |
| 12 Sep 2022 | £528,571 | £535,000 | FLAT 3 PALMER HOUSE 76-84 FORTESS ROAD |
This house has a floor area of 56 sq meters or 609 sq feet when measured on 21 Apr 2009. Using an estimated price of £502,450 means this house is valued at £8,880 per sq meter (£825 per sq foot).
The average size of a house on FORTESS ROAD is 65 sq meters (704 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Fortess Road | |
| Apr 2024 | Anti-social behaviour | On or near Fortess Road | |
| Apr 2024 | Other theft | Under investigation | On or near Fortess Road |
| Apr 2024 | Anti-social behaviour | On or near Fortess Road | |
| Mar 2024 | Theft from the person | Under investigation | On or near Fortess Road |