£427,087
This estimated value is based upon the latest sale price for the house of £335,000 on 4 Jul 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 |
|---|---|
| £335,000 | 4 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 July 2017 the House Price Index for BEDFORD was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £335,000 results in an estimated price of approximately £427,087.
| 4 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £335,000 | £92,087 | £427,087 |
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 | 34.203 % | £114,579 | £449,579 |
| 3 Month Average | 18.787 % | £62,935 | £397,935 |
| 6 Month Average | 14.322 % | £47,979 | £382,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £354,533 | £350,000 | 22 SEATON DRIVE |
| 8 Aug 2023 | £291,450 | £288,900 | 18 SEATON DRIVE |
| 4 Aug 2023 | £524,589 | £520,000 | 29 CAVES LANE |
| 18 Jul 2023 | £374,034 | £369,000 | 20 TIVERTON ROAD |
| 6 Apr 2023 | £353,810 | £350,000 | 24 TIVERTON ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 3 Mar 2017. Using an estimated price of £427,088 means this house is valued at £4,187 per sq meter (£388 per sq foot).
The average size of a house on CAVES LANE is 113 sq meters (1,226 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Cave'S Lane | |
| Feb 2024 | Anti-social behaviour | On or near Cave'S Lane | |
| Feb 2024 | Anti-social behaviour | On or near Cave'S Lane | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Seaton Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abrahams Close |