£168,332
This estimated value is based upon the latest sale price for the house of £88,000 on 22 Oct 2004. This value is then adjusted by the current Official House Price Index for NORTHAMPTONSHIRE 1
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Linden Building A, Regent Park, Booth Drive, Wellingborough, NN8 6GR
Phone: 01933818590
Price Paid | Date |
---|---|
£88,000 | 22 Oct 2004 |
£59,950 | 16 Apr 2003 |
£37,500 | 18 May 2001 |
£49,750 | 18 May 2001 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 923 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 October 2004 the House Price Index for NORTHAMPTONSHIRE was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £88,000 results in an estimated price of approximately £168,332.
22 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 149.7 | 91.287 % | £88,000 | £80,332 | £168,332 |
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 | 85.511 % | £75,249 | £163,249 |
3 Month Average | 77.176 % | £67,914 | £155,914 |
6 Month Average | 79.891 % | £70,304 | £158,304 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £270,973 | £265,000 | 97 ST PETERS AVENUE |
16 Jun 2023 | £147,965 | £145,000 | 61 RUSSELL STREET |
18 Jan 2023 | £173,965 | £173,500 | 60 RUSSELL STREET |
7 Nov 2022 | £169,209 | £170,000 | 13 EDGELL STREET |
7 Jun 2022 | £286,116 | £280,000 | 112 ST PETERS AVENUE |
This house has a floor area of 85 sq meters or 923 sq feet when measured on 11 Nov 2008. Using an estimated price of £168,332 means this house is valued at £1,961 per sq meter (£182 per sq foot).
The average size of a house on RUSSELL STREET is 84 sq meters (914 sq feet).