£201,393
This estimated value is based upon the latest sale price for the house of £160,000 on 28 Feb 2018. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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93-95 Tavistock Street, Bedford, MK40 2RR
Phone: 01234584600
Price Paid | Date |
---|---|
£160,000 | 28 Feb 2018 |
£140,000 | 30 Mar 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 February 2018 the House Price Index for BEDFORD was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £160,000 results in an estimated price of approximately £201,393.
28 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 149.7 | 25.871 % | £160,000 | £41,393 | £201,393 |
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 | 23.726 % | £37,961 | £197,961 |
3 Month Average | 3.237 % | £5,178 | £165,178 |
6 Month Average | 23.514 % | £37,622 | £197,622 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £153,208 | £148,500 | FLAT 6 19 THE CRESCENT |
8 Dec 2023 | £196,023 | £190,000 | 6 LLOYD COURT, 15 THE CRESCENT |
13 Nov 2023 | £256,511 | £250,000 | 67A TAVISTOCK STREET |
15 Sep 2023 | £194,283 | £190,000 | 4 LLOYD COURT, 15 THE CRESCENT |
11 Aug 2023 | £147,663 | £145,000 | FLAT 2 18 ADELAIDE SQUARE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 28 Jul 2015. Using an estimated price of £201,394 means this house is valued at £4,195 per sq meter (£389 per sq foot).
The average size of a house on THE CRESCENT is 77 sq meters (834 sq feet).