£247,650
This estimated value is based upon the latest sale price for the house of £195,000 on 3 Nov 2017. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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163 Castle Road, Bedford, MK40 3RT
Phone: 01234584065
| Price Paid | Date |
|---|---|
| £195,000 | 3 Nov 2017 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 November 2017 the House Price Index for BEDFORD was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £195,000 results in an estimated price of approximately £247,650.
| 3 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £195,000 | £52,650 | £247,650 |
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 | 15.124 % | £29,490 | £224,490 |
| 3 Month Average | 34.421 % | £67,120 | £262,120 |
| 6 Month Average | 28.834 % | £56,225 | £251,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £317,759 | £315,000 | 4 TIVERTON ROAD |
| 7 Mar 2024 | £248,823 | £245,000 | 10 CREDITON CLOSE |
| 12 Oct 2023 | £263,996 | £258,000 | 7 CREDITON CLOSE |
| 11 Aug 2023 | £198,582 | £195,000 | 1 INSTOW COURT |
| 6 Apr 2023 | £356,671 | £350,000 | 24 TIVERTON ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 18 Jul 2017. Using an estimated price of £247,650 means this house is valued at £4,586 per sq meter (£426 per sq foot).
The average size of a house on CREDITON CLOSE is 57 sq meters (614 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tiverton Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Crediton Mews |
| Jul 2024 | Anti-social behaviour | On or near Cave'S Lane | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cave'S Lane |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cave'S Lane |