£274,464
This estimated value is based upon the latest sale price for the house of £235,000 on 4 Nov 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 |
|---|---|
| £235,000 | 4 Nov 2020 |
| £54,000 | 6 Sep 1996 |
| Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 November 2020 the House Price Index for NORTHAMPTONSHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £235,000 results in an estimated price of approximately £274,464.
| 4 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £235,000 | £39,464 | £274,464 |
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 | 14.537 % | £34,162 | £269,162 |
| 3 Month Average | 9.058 % | £21,285 | £256,285 |
| 6 Month Average | 5.408 % | £12,708 | £247,708 |
| 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 |
| 9 Sep 2022 | £349,766 | £350,000 | 2 TRENT CLOSE |
| 19 May 2022 | £210,484 | £205,000 | 11 OUSE CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 4 Feb 2020. Using an estimated price of £274,465 means this house is valued at £2,613 per sq meter (£242 per sq foot).
The average size of a house on ORWELL CLOSE is 104 sq meters (1,129 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Unable to prosecute suspect | On or near Severn Close |
| Sep 2024 | Anti-social behaviour | On or near Tees Close | |
| Jun 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Henley 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 |