£415,320
This estimated value is based upon the latest sale price for the house of £250,000 on 19 Aug 2008. This value is then adjusted by the current Official House Price Index for NORTHAMPTONSHIRE 1
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Basement Unit, 8-10 Knox Road, Wellingborough, NN8 1HW
Phone: 01933628156
| Price Paid | Date |
|---|---|
| £250,000 | 19 Aug 2008 |
| Detached |
| 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 August 2008 the House Price Index for NORTHAMPTONSHIRE was 88.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 66.128%.Applying this 66.128% change to the original purchase price of £250,000 results in an estimated price of approximately £415,320.
| 19 Aug 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.3 | 146.7 | 66.128 % | £250,000 | £165,320 | £415,320 |
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 | 65.557 % | £163,893 | £413,893 |
| 3 Month Average | 59.072 % | £147,680 | £397,680 |
| 6 Month Average | 54.488 % | £136,220 | £386,220 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nest Lane |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Osprey Lane |
| Dec 2023 | Criminal damage and arson | Further action is not in the public interest | On or near Kingfisher Close |
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Kingfisher Close |
| Feb 2024 | Drugs | Local resolution | On or near Nursery Drive |