£275,956
This estimated value is based upon the latest sale price for the house of £135,000 on 30 Apr 2004. This value is then adjusted by the current Official House Price Index for NORTHAMPTONSHIRE 1
There has been one burglary within the last year on or near Melbourne Street
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221 Wellingborough Road, Northampton, NN1 4EF
Phone: 01604318717
| Price Paid | Date |
|---|---|
| £135,000 | 30 Apr 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 April 2004 the House Price Index for NORTHAMPTONSHIRE was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £135,000 results in an estimated price of approximately £275,956.
| 30 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £135,000 | £140,956 | £275,956 |
The Postcode Pricing Model uses changes in average sales price within the NN1 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 | 56.884 % | £76,793 | £211,793 |
| 3 Month Average | 51.242 % | £69,176 | £204,176 |
| 6 Month Average | 67.811 % | £91,544 | £226,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £194,401 | £191,000 | 8 MELBOURNE WALK |
| 30 Jun 2023 | £239,906 | £237,000 | 79 LOWER THRIFT STREET |
| 12 Jun 2023 | £514,229 | £508,000 | 233 WELLINGBOROUGH ROAD |
| 28 Apr 2023 | £207,231 | £205,000 | 22 MELBOURNE WALK |
| 14 Apr 2023 | £195,101 | £193,000 | 24 MELBOURNE WALK |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 12 Nov 2018. Using an estimated price of £275,956 means this house is valued at £2,172 per sq meter (£201 per sq foot).
The average size of a house on MELBOURNE WALK is 77 sq meters (832 sq feet).
This house is the largest in the street with a floor area of 127 sq meters (1,367 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Melbourne Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Melbourne Street |
| Mar 2024 | Burglary | Unable to prosecute suspect | On or near Melbourne Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melbourne Street |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melbourne Street |