£215,617
This estimated value is based upon the latest sale price for the house of £210,000 on 19 May 2022. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
There has been one burglary within the last year on or near Sovereigns Quay
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68 Midland Road, Bedford, MK40 1QB
Phone: 01234584601
| Price Paid | Date |
|---|---|
| £210,000 | 19 May 2022 |
| £139,950 | 20 Aug 2007 |
| £136,000 | 20 Feb 2004 |
| £90,995 | 30 May 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 May 2022 the House Price Index for BEDFORDSHIRE was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £210,000 results in an estimated price of approximately £215,617.
| 19 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £210,000 | £5,617 | £215,617 |
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 | -1.920 % | £-4,031 | £205,968 |
| 3 Month Average | 13.873 % | £29,133 | £239,133 |
| 6 Month Average | 30.733 % | £64,539 | £274,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £156,556 | £153,000 | 4 HERON QUAY |
| 25 Aug 2023 | £193,490 | £190,000 | 38 HERON QUAY |
| 5 Apr 2023 | £178,336 | £175,000 | 85 SOVEREIGNS QUAY |
| 3 Mar 2023 | £161,700 | £159,000 | 51 HERON QUAY |
| 3 Feb 2023 | £251,681 | £250,000 | 26 HERON QUAY |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 10 Sep 2012. Using an estimated price of £215,617 means this house is valued at £3,782 per sq meter (£351 per sq foot).
The average size of a house on SOVEREIGNS QUAY is 63 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Sovereigns Quay |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sovereigns Quay |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Sovereigns Quay |
| Jul 2024 | Anti-social behaviour | On or near Heron Quay | |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Heron Quay |