£152,547
This estimated value is based upon the latest sale price for the house of £150,000 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for NORTHAMPTONSHIRE 1
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Basement Unit, 8-10 Knox Road, Wellingborough, NN8 1HW
Phone: 01933628156
Price Paid | Date |
---|---|
£150,000 | 31 Mar 2023 |
£116,500 | 22 Jun 2007 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 994 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 2023 the House Price Index for NORTHAMPTONSHIRE was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £150,000 results in an estimated price of approximately £152,547.
31 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £150,000 | £2,547 | £152,547 |
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 | -21.599 % | £-32,398 | £117,601 |
3 Month Average | -6.390 % | £-9,584 | £140,415 |
6 Month Average | -4.295 % | £-6,442 | £143,557 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Oct 2024 | £120,000 | £120,000 | FIRST FLOOR FLAT 58 MILL ROAD |
14 Oct 2024 | £140,000 | £140,000 | GROUND FLOOR FLAT 58 MILL ROAD |
15 May 2024 | £182,000 | £182,000 | 46 THOMAS STREET |
29 Sep 2023 | £178,945 | £175,000 | 62 GORDON ROAD |
31 Mar 2023 | £152,548 | £150,000 | 50 GORDON ROAD |
This house has a floor area of 92 sq meters or 994 sq feet when measured on 11 Dec 2008. Using an estimated price of £152,548 means this house is valued at £1,650 per sq meter (£153 per sq foot).
The average size of a house on GORDON ROAD is 96 sq meters (1,039 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Gordon Road | |
Sep 2024 | Drugs | Offender given a caution | On or near Gordon Road |
Sep 2024 | Anti-social behaviour | On or near Gordon Road | |
Aug 2024 | Drugs | Under investigation | On or near Gordon Road |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Gordon Road |