£337,045
This estimated value is based upon the latest sale price for the house of £260,000 on 12 May 2017. 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 Melford Close
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| Price Paid | Date |
|---|---|
| £260,000 | 12 May 2017 |
| £190,000 | 5 Jun 2009 |
| £190,000 | 5 Jun 2009 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,402 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 2017 the House Price Index for NORTHAMPTONSHIRE was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £260,000 results in an estimated price of approximately £337,045.
| 12 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £260,000 | £77,045 | £337,045 |
The Postcode Pricing Model uses changes in average sales price within the NN18 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 | 49.790 % | £129,453 | £389,453 |
| 3 Month Average | 46.104 % | £119,870 | £379,870 |
| 6 Month Average | 33.092 % | £86,039 | £346,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £270,419 | £265,000 | 68 BOUGHTON ROAD |
| 24 Feb 2023 | £231,547 | £230,000 | 136 BOUGHTON ROAD |
| 16 Jan 2023 | £240,643 | £240,000 | 12 MELFORD CLOSE |
| 28 Jul 2022 | £289,905 | £287,000 | 69 BOUGHTON ROAD |
| 15 Jul 2022 | £247,480 | £245,000 | 2 HIDCOTE CLOSE |
This house has a floor area of 130 sq meters or 1,402 sq feet when measured on 2 Apr 2009. Using an estimated price of £337,045 means this house is valued at £2,585 per sq meter (£240 per sq foot).
The average size of a house on BOUGHTON ROAD is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Melford Close | |
| Sep 2024 | Anti-social behaviour | On or near Melford Close | |
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near Melford Close |
| Sep 2024 | Anti-social behaviour | On or near Foxglove Close | |
| Sep 2024 | Anti-social behaviour | On or near Foxglove Close |