£273,406
This estimated value is based upon the latest sale price for the house of £169,950 on 25 May 2007. This value is then adjusted by the current Official House Price Index for NORTHAMPTONSHIRE 1
There has been one burglary within the last year on or near Mendip Close
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| Price Paid | Date |
|---|---|
| £169,950 | 25 May 2007 |
| £155,000 | 4 Nov 2005 |
| £58,000 | 29 Oct 1998 |
| Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2007 the House Price Index for NORTHAMPTONSHIRE was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £169,950 results in an estimated price of approximately £273,406.
| 25 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £169,950 | £103,456 | £273,406 |
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 | 39.040 % | £66,348 | £236,298 |
| 3 Month Average | 63.313 % | £107,600 | £277,550 |
| 6 Month Average | 57.329 % | £97,430 | £267,380 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £240,000 | £240,000 | 10 PENNINE WAY |
| 15 May 2024 | £240,000 | £240,000 | 6 MENDIP CLOSE |
| 3 Apr 2023 | £270,051 | £265,000 | 19 PENNINE WAY |
| 1 Jul 2022 | £227,277 | £225,000 | 29 PENNINE WAY |
| 13 Jun 2022 | £250,352 | £245,000 | 4 BRACKEN CLOSE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 29 Oct 2015. Using an estimated price of £273,407 means this house is valued at £3,334 per sq meter (£309 per sq foot).
The average size of a house on PENNINE WAY is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Mendip Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mendip Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Mendip Close |
| Jul 2024 | Anti-social behaviour | On or near Cotswold Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Cotswold Avenue |