£160,918
This estimated value is based upon the latest sale price for the house of £110,000 on 2 Jun 2015. 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 |
---|---|
£110,000 | 2 Jun 2015 |
£107,000 | 30 Jun 2005 |
£41,000 | 9 Feb 2000 |
£23,000 | 1 Mar 1999 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 June 2015 the House Price Index for NORTHAMPTONSHIRE was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £110,000 results in an estimated price of approximately £160,918.
2 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 149.7 | 46.290 % | £110,000 | £50,918 | £160,918 |
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 | 37.291 % | £41,019 | £151,019 |
3 Month Average | 54.787 % | £60,265 | £170,265 |
6 Month Average | 54.454 % | £59,899 | £169,899 |
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 93 sq meters or 1,001 sq feet when measured on 16 Sep 2020. Using an estimated price of £160,919 means this house is valued at £1,730 per sq meter (£160 per sq foot).
The average size of a house on RUSSELL STREET is 84 sq meters (914 sq feet).