£316,059
This estimated value is based upon the latest sale price for the house of £305,000 on 1 Mar 2022. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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82 Midland Road, Bedford, MK40 1QH
Phone: 01234880747
| Price Paid | Date |
|---|---|
| £305,000 | 1 Mar 2022 |
| £305,000 | 9 Dec 2016 |
| Terraced |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 March 2022 the House Price Index for BEDFORD was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £305,000 results in an estimated price of approximately £316,059.
| 1 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £305,000 | £11,059 | £316,059 |
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 | 46.964 % | £143,240 | £448,240 |
| 3 Month Average | 14.826 % | £45,220 | £350,220 |
| 6 Month Average | 12.463 % | £38,011 | £343,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £184,735 | £182,000 | FLAT 3 EDEN HOUSE ASHBURNHAM ROAD |
| 20 Sep 2023 | £405,181 | £400,000 | 26 RUTLAND ROAD |
| 14 Nov 2022 | £543,418 | £550,000 | 29 RUTLAND ROAD |
| 10 Nov 2022 | £558,238 | £565,000 | 39 GRAFTON ROAD |
| 21 Jul 2022 | £190,513 | £190,000 | FLAT 1 EDEN HOUSE ASHBURNHAM ROAD |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 13 Nov 2018. Using an estimated price of £316,060 means this house is valued at £2,135 per sq meter (£198 per sq foot).
The average size of a house on GRAFTON ROAD is 127 sq meters (1,370 sq feet).