£279,071
This estimated value is based upon the latest sale price for the house of £230,000 on 2 Mar 2020. 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 |
|---|---|
| £230,000 | 2 Mar 2020 |
| £144,000 | 24 Jan 2012 |
| £155,000 | 29 Mar 2007 |
| £137,500 | 24 Nov 2006 |
| £59,000 | 11 Oct 1999 |
| Detached |
| Freehold |
| Floor Area: 66 sq meters or 713 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 2020 the House Price Index for NORTHAMPTONSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £230,000 results in an estimated price of approximately £279,071.
| 2 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £230,000 | £49,071 | £279,071 |
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 | -4.944 % | £-11,370 | £218,629 |
| 3 Month Average | 1.220 % | £2,804 | £232,804 |
| 6 Month Average | 0.841 % | £1,935 | £231,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £365,000 | £365,000 | 1 MEDWAY DRIVE |
| 2 Apr 2024 | £254,208 | £252,000 | 26 TRENT CLOSE |
| 3 Nov 2023 | £233,425 | £227,500 | 31 MEDWAY DRIVE |
| 25 Oct 2023 | £194,416 | £190,000 | 9 TYNE CLOSE |
| 28 Feb 2023 | £256,715 | £255,000 | 4 TYNE CLOSE |
This house has a floor area of 66 sq meters or 713 sq feet when measured on 22 Sep 2011. Using an estimated price of £279,071 means this house is valued at £4,209 per sq meter (£391 per sq foot).
The average size of a house on MEDWAY DRIVE is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spey Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyne Close |
| Jul 2024 | Anti-social behaviour | On or near Tyne Close | |
| Jul 2024 | Anti-social behaviour | On or near Tyne Close | |
| Jul 2024 | Anti-social behaviour | On or near Tyne Close |