£188,887
This estimated value is based upon the latest sale price for the house of £120,000 on 21 Mar 2014. This value is then adjusted by the current Official House Price Index for NORTHAMPTONSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 21 Mar 2014 |
| £49,250 | 2 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 sq feet |
This model uses changes in the Official Land Registry House Price Index for NORTHAMPTONSHIRE to estimate the market value.
When this house was purchased in March 2014 the House Price Index for NORTHAMPTONSHIRE was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £120,000 results in an estimated price of approximately £188,887.
| 21 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £120,000 | £68,887 | £188,887 |
The Postcode Pricing Model uses changes in average sales price within the NN16 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 | 63.681 % | £76,417 | £196,417 |
| 3 Month Average | 57.821 % | £69,385 | £189,385 |
| 6 Month Average | 62.127 % | £74,552 | £194,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £248,342 | £245,000 | 17 SEVERN WAY |
| 28 Feb 2023 | £239,839 | £240,000 | 21 SEVERN WAY |
| 12 Apr 2022 | £267,748 | £260,000 | 56 SEVERN WAY |
| 23 Oct 2020 | £217,015 | £184,995 | 38 SEVERN WAY |
| 28 Aug 2020 | £341,734 | £285,000 | 3 CHERWELL DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 4 Jun 2013. Using an estimated price of £188,887 means this house is valued at £2,552 per sq meter (£237 per sq foot).
The average size of a house on WELLAND ROAD is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Welland Road |
| Dec 2023 | Anti-social behaviour | On or near Welland Road | |
| Dec 2023 | Anti-social behaviour | On or near Welland Road | |
| Dec 2023 | Anti-social behaviour | On or near Welland Road | |
| Dec 2023 | Anti-social behaviour | On or near Welland Road |