£331,155
This estimated value is based upon the latest sale price for the house of £230,000 on 26 Aug 2015. 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 |
---|---|
£230,000 | 26 Aug 2015 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 2015 the House Price Index for BEDFORD was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £230,000 results in an estimated price of approximately £331,155.
26 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 149.7 | 43.981 % | £230,000 | £101,155 | £331,155 |
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 | 14.053 % | £32,321 | £262,321 |
3 Month Average | 35.736 % | £82,192 | £312,192 |
6 Month Average | 46.216 % | £106,296 | £336,296 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £330,071 | £325,000 | 36 PEMBROKE STREET |
13 Oct 2023 | £332,553 | £325,000 | 5 BOWER STREET |
3 Feb 2023 | £332,219 | £330,000 | 25 YORK STREET |
1 Sep 2022 | £305,046 | £305,250 | 3 BOWER STREET |
27 Jul 2022 | £416,170 | £412,000 | 64 PEMBROKE STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 15 May 2015. Using an estimated price of £331,156 means this house is valued at £4,300 per sq meter (£399 per sq foot).
The average size of a house on PEMBROKE STREET is 96 sq meters (1,039 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Pembroke Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Pembroke Street |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pembroke Street |
Jul 2024 | Anti-social behaviour | On or near York Street | |
Jun 2024 | Other crime | Under investigation | On or near York Street |