£152,941
This estimated value is based upon the latest sale price for the house of £58,000 on 4 Oct 2002. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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11 Goldington Road, Bedford, MK40 3JY
Phone: 01234677944
Price Paid | Date |
---|---|
£58,000 | 4 Oct 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 October 2002 the House Price Index for BEDFORD was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £58,000 results in an estimated price of approximately £152,941.
4 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 148.6 | 163.693 % | £58,000 | £94,941 | £152,941 |
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 | 340.359 % | £197,407 | £255,407 |
3 Month Average | 182.697 % | £105,964 | £163,964 |
6 Month Average | 148.119 % | £85,908 | £143,908 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £381,678 | £375,000 | FLAT 1 55 THE GROVE |
30 Nov 2023 | £243,607 | £240,000 | 26 GROVE PLACE |
29 Sep 2023 | £516,605 | £510,000 | 2 GOLDINGTON ROAD |
7 Mar 2023 | £3,683,495 | £3,648,792 | EQUIPOISE HOUSE GROVE PLACE |
19 Jan 2023 | £310,040 | £311,500 | 23 THE GROVE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 1 Feb 2018. Using an estimated price of £152,942 means this house is valued at £3,186 per sq meter (£296 per sq foot).
The average size of a house on THE GROVE is 89 sq meters (966 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grove Place |
Apr 2024 | Public order | Under investigation | On or near Rush Court |
Apr 2024 | Other crime | Under investigation | On or near Little Grove Place |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |