£128,014
This estimated value is based upon the latest sale price for the house of £75,000 on 21 Jul 2006. 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 |
|---|---|
| £75,000 | 21 Jul 2006 |
| £45,000 | 1 May 2003 |
| £20,000 | 22 May 1998 |
| Semi-Detached |
| Leasehold |
| Floor Area: 45 sq meters or 486 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 July 2006 the House Price Index for NORTHAMPTONSHIRE was 85.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.686%.Applying this 70.686% change to the original purchase price of £75,000 results in an estimated price of approximately £128,014.
| 21 Jul 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 146.7 | 70.686 % | £75,000 | £53,014 | £128,014 |
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 | 86.021 % | £64,516 | £139,516 |
| 3 Month Average | 68.258 % | £51,193 | £126,193 |
| 6 Month Average | 59.596 % | £44,697 | £119,697 |
This house has a floor area of 45 sq meters or 486 sq feet when measured on 29 Nov 2010.
The average size of a house on MELTON ROAD NORTH is 93 sq meters (1,003 sq feet).
This house is the smallest in the street with a floor area of 45 sq meters (486 sq feet).