VARINGHAM WELL LANE

£805,112

Full Address

VARINGHAM WELL LANE
WELTON
DAVENTRY
NORTHAMPTONSHIRE
UNITED KINGDOM
NN11 5JU

Estimated Market Value

£805,112

This estimated value is based upon the latest sale price for the house of £190,000 on 20 Aug 1999. This value is then adjusted by the current Official House Price Index for NORTHAMPTONSHIRE 1

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Transactions for this house
Price PaidDate
£190,00020 Aug 1999
House Details
Semi-Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 1999 the House Price Index for NORTHAMPTONSHIRE was 34.6.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 323.743%.

Applying this 323.743% change to the original purchase price of £190,000 results in an estimated price of approximately £805,112.

20 Aug 1999 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
34.6 146.7 323.743 % £190,000 £615,112 £805,112

The Postcode Pricing Model uses changes in average sales price within the NN11 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 187.463 % £356,179 £546,179
3 Month Average 265.302 % £504,073 £694,073
6 Month Average 281.021 % £533,939 £723,939
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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