£186,406
This estimated value is based upon the latest sale price for the house of £150,000 on 5 Dec 2018. This value is then adjusted by the current Official House Price Index for BEDFORD 1
There has been one burglary within the last year on or near Marlborough Road
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16 Ford End Road, Bedford, MK40 4JH
Phone: 01234671979
Price Paid | Date |
---|---|
£150,000 | 5 Dec 2018 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 sq feet |
This model uses changes in the Official Land Registry House Price Index for BEDFORD to estimate the market value.
When this house was purchased in December 2018 the House Price Index for BEDFORD was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £150,000 results in an estimated price of approximately £186,406.
5 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £150,000 | £36,406 | £186,406 |
The Postcode Pricing Model uses changes in average sales price within the MK40 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 | -7.449 % | £-11,172 | £138,827 |
3 Month Average | 5.892 % | £8,838 | £158,838 |
6 Month Average | 16.365 % | £24,546 | £174,546 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2024 | £223,433 | £220,000 | 72 COVENTRY ROAD |
30 Oct 2023 | £244,554 | £239,000 | 51 MARLBOROUGH ROAD |
7 Sep 2023 | £194,283 | £190,000 | 127 COVENTRY ROAD |
6 Apr 2023 | £238,460 | £234,000 | 133 COVENTRY ROAD |
17 Feb 2023 | £251,681 | £250,000 | 54 WINIFRED ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 29 Oct 2018. Using an estimated price of £186,407 means this house is valued at £2,519 per sq meter (£234 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 90 sq meters (978 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Under investigation | On or near Marlborough Road |
Jul 2024 | Drugs | Awaiting court outcome | On or near Marlborough Road |
May 2024 | Burglary | Unable to prosecute suspect | On or near Marlborough Road |
May 2024 | Drugs | Unable to prosecute suspect | On or near Marlborough Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marlborough Road |