£996,293
This estimated value is based upon the latest sale price for the house of £750,000 on 14 Sep 2016. This value is then adjusted by the current Official House Price Index for NORTHAMPTONSHIRE 1
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33 Sheep Street, Wellingborough, NN8 1BS
Phone: 01933329874
| Price Paid | Date |
|---|---|
| £750,000 | 14 Sep 2016 |
| Freehold |
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 September 2016 the House Price Index for NORTHAMPTONSHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £750,000 results in an estimated price of approximately £996,293.
| 14 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £750,000 | £246,293 | £996,293 |
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 | 22.434 % | £168,253 | £918,253 |
| 3 Month Average | 24.330 % | £182,472 | £932,472 |
| 6 Month Average | 19.456 % | £145,922 | £895,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2022 | £236,093 | £238,000 | 48 JOHNSON AVENUE |
| 26 Aug 2022 | £154,584 | £155,000 | 11 JOHNSON AVENUE |
| 14 Apr 2022 | £298,642 | £290,000 | 6 MOSEL CLOSE |
| 29 Mar 2022 | £308,806 | £298,000 | 6 SERVE CLOSE |
| 15 Mar 2022 | £310,879 | £300,000 | 1 THE DRIVE |