£467,043
This estimated value is based upon the latest sale price for the house of £350,000 on 13 Oct 2016. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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163 Castle Road, Bedford, MK40 3RT
Phone: 01234584065
Price Paid | Date |
---|---|
£350,000 | 13 Oct 2016 |
£137,500 | 3 May 2002 |
Semi-Detached |
Freehold |
Floor Area: 124 sq meters or 1,334 sq feet |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in October 2016 the House Price Index for BEDFORDSHIRE was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £350,000 results in an estimated price of approximately £467,043.
13 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £350,000 | £117,043 | £467,043 |
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 | 7.232 % | £25,312 | £375,312 |
3 Month Average | 23.246 % | £81,360 | £431,360 |
6 Month Average | 32.052 % | £112,182 | £462,182 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £325,134 | £317,750 | 35 DUDLEY STREET |
6 Oct 2023 | £570,456 | £557,500 | 11 DENMARK STREET |
31 Aug 2023 | £358,465 | £352,000 | 58 DUDLEY STREET |
20 Apr 2023 | £317,947 | £312,000 | 52 DUDLEY STREET |
31 Mar 2023 | £172,887 | £170,000 | 61B DENMARK STREET |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 12 Mar 2016. Using an estimated price of £467,044 means this house is valued at £3,766 per sq meter (£349 per sq foot).
The average size of a house on DUDLEY STREET is 87 sq meters (943 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Drugs | Under investigation | On or near Russell Avenue |
Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Russell Avenue |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Russell Avenue |
Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Russell Avenue |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Russell Avenue |