£178,082
This estimated value is based upon the latest sale price for the house of £180,000 on 21 Oct 2022. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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68 Midland Road, Bedford, MK40 1QB
Phone: 01234584601
Price Paid | Date |
---|---|
£180,000 | 21 Oct 2022 |
£150,000 | 30 Nov 2015 |
£80,000 | 24 May 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 561 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 2022 the House Price Index for BEDFORDSHIRE was 150.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.065%.Applying this -1.065% change to the original purchase price of £180,000 results in an estimated price of approximately £178,082.
21 Oct 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
150.2 | 148.6 | -1.065 % | £180,000 | £-1,917 | £178,082 |
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 | 56.533 % | £101,759 | £281,759 |
3 Month Average | 10.584 % | £19,051 | £199,051 |
6 Month Average | 0.861 % | £1,550 | £181,550 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £191,677 | £190,000 | 38 HERON QUAY |
3 Mar 2023 | £160,512 | £159,000 | 51 HERON QUAY |
3 Feb 2023 | £249,832 | £250,000 | 26 HERON QUAY |
6 Jan 2023 | £184,133 | £185,000 | 48 HERON QUAY |
21 Oct 2022 | £178,083 | £180,000 | 46 HERON QUAY |
This house has a floor area of 52 sq meters or 561 sq feet when measured on 4 Nov 2011. Using an estimated price of £178,083 means this house is valued at £3,410 per sq meter (£316 per sq foot).
The average size of a house on HERON QUAY is 59 sq meters (637 sq feet).