£240,738
This estimated value is based upon the latest sale price for the house of £142,500 on 24 Nov 2006. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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27 Castle Road, Bedford, MK40 3PL
Phone: 01234677731
Price Paid | Date |
---|---|
£142,500 | 24 Nov 2006 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 sq feet |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in November 2006 the House Price Index for BEDFORDSHIRE was 88.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.940%.Applying this 68.940% change to the original purchase price of £142,500 results in an estimated price of approximately £240,738.
24 Nov 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 149.7 | 68.940 % | £142,500 | £98,238 | £240,738 |
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 | 83.373 % | £118,806 | £261,306 |
3 Month Average | 80.675 % | £114,961 | £257,461 |
6 Month Average | 92.886 % | £132,361 | £274,861 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £289,447 | £285,000 | 61 THE GROVE |
18 Dec 2023 | £386,888 | £375,000 | FLAT 1 55 THE GROVE |
17 Nov 2023 | £538,674 | £525,000 | 1B ROTHSAY PLACE |
19 Jan 2023 | £312,335 | £311,500 | 23 THE GROVE |
1 Aug 2022 | £661,091 | £658,000 | 47 THE GROVE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 23 Jan 2014. Using an estimated price of £240,739 means this house is valued at £4,080 per sq meter (£379 per sq foot).
The average size of a house on THE GROVE is 89 sq meters (966 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Little Grove Place |
May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Little Grove Place |
Apr 2024 | Other crime | Unable to prosecute suspect | On or near Little Grove Place |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newnham Street |
Jun 2024 | Burglary | Unable to prosecute suspect | On or near Newnham Street |