£172,689
This estimated value is based upon the latest sale price for the house of £160,000 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for NORTHAMPTONSHIRE 1
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51 Oxford Street, Wellingborough, NN8 4JH
Phone: 01933818955
| Price Paid | Date |
|---|---|
| £160,000 | 21 Dec 2021 |
| £27,000 | 24 Jul 2001 |
| £23,500 | 30 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 December 2021 the House Price Index for NORTHAMPTONSHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £160,000 results in an estimated price of approximately £172,689.
| 21 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £160,000 | £12,689 | £172,689 |
The Postcode Pricing Model uses changes in average sales price within the NN8 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 | -20.398 % | £-32,636 | £127,363 |
| 3 Month Average | 11.357 % | £18,171 | £178,171 |
| 6 Month Average | 7.752 % | £12,402 | £172,402 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £184,688 | £180,000 | 18 MINERVA WAY |
| 28 Apr 2023 | £178,336 | £175,000 | 46 MINERVA WAY |
| 27 Apr 2023 | £178,336 | £175,000 | 224 MINERVA WAY |
| 31 Mar 2023 | £144,920 | £142,500 | 130 MINERVA WAY |
| 31 Mar 2023 | £152,548 | £150,000 | 214 MINERVA WAY |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 30 Sep 2015. Using an estimated price of £172,689 means this house is valued at £2,055 per sq meter (£190 per sq foot).
The average size of a house on MINERVA WAY is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Minerva Way | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Minerva Way |
| Oct 2024 | Other crime | Under investigation | On or near Minerva Way |
| Oct 2024 | Anti-social behaviour | On or near Minerva Way | |
| Oct 2024 | Anti-social behaviour | On or near Minerva Way |