£201,432
This estimated value is based upon the latest sale price for the house of £158,000 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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27 Castle Road, Bedford, MK40 3PL
Phone: 01234677731
| Price Paid | Date |
|---|---|
| £158,000 | 28 Jul 2017 |
| £130,000 | 22 Jun 2007 |
| £89,950 | 30 Aug 2002 |
| £36,950 | 21 Jun 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 589 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 July 2017 the House Price Index for BEDFORDSHIRE was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £158,000 results in an estimated price of approximately £201,432.
| 28 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £158,000 | £43,432 | £201,432 |
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 | 34.203 % | £54,040 | £212,040 |
| 3 Month Average | 18.787 % | £29,682 | £187,682 |
| 6 Month Average | 14.322 % | £22,629 | £180,629 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £202,452 | £200,000 | FLAT 7 5 NEWNHAM ROAD |
| 21 Apr 2023 | £535,769 | £530,000 | FLAT 5 ALBANY HOUSE, 4 THE EMBANKMENT |
| 22 Nov 2022 | £395,213 | £400,000 | 11 DUCKMILL CRESCENT |
| 29 Jul 2022 | £1,955,263 | £1,950,000 | 26 NEWNHAM STREET |
| 30 Sep 2021 | £232,760 | £216,000 | 6 BROAD REACH |
This house has a floor area of 54 sq meters or 589 sq feet when measured on 12 May 2010. Using an estimated price of £201,432 means this house is valued at £3,679 per sq meter (£341 per sq foot).
The average size of a house on NEWNHAM ROAD is 62 sq meters (669 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Newnham Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Albany Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Albany Road |
| Mar 2024 | Anti-social behaviour | On or near Albany Road | |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Albany Road |