£265,743
This estimated value is based upon the latest sale price for the house of £221,625 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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27 Castle Road, Bedford, MK40 3PL
Phone: 01234677731
| Price Paid | Date |
|---|---|
| £221,625 | 28 Aug 2020 |
| £174,500 | 2 Aug 2013 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 August 2020 the House Price Index for BEDFORD was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £221,625 results in an estimated price of approximately £265,743.
| 28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £221,625 | £44,118 | £265,743 |
The Postcode Pricing Model uses changes in average sales price within the MK42 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 | 42.948 % | £95,183 | £316,808 |
| 3 Month Average | 20.458 % | £45,339 | £266,964 |
| 6 Month Average | 12.160 % | £26,949 | £248,574 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £284,208 | £280,000 | 156 LONDON ROAD |
| 1 Sep 2023 | £288,691 | £285,000 | 177 LONDON ROAD |
| 1 Sep 2023 | £268,432 | £265,000 | 16 MYRTLE ROAD |
| 28 Jul 2023 | £130,760 | £129,000 | 134A LONDON ROAD |
| 19 Jun 2023 | £521,315 | £515,000 | 165 LONDON ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 12 Jun 2020. Using an estimated price of £265,743 means this house is valued at £3,201 per sq meter (£297 per sq foot).
The average size of a house on LONDON ROAD is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near London Road | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near London Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near London Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near London Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near London Road |