£237,781
This estimated value is based upon the latest sale price for the house of £118,000 on 19 May 2004. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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163 Castle Road, Bedford, MK40 3RT
Phone: 01234584065
Price Paid | Date |
---|---|
£118,000 | 19 May 2004 |
Terraced |
Freehold |
Floor Area: 52 sq meters or 560 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 May 2004 the House Price Index for BEDFORD was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £118,000 results in an estimated price of approximately £237,781.
19 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 148.6 | 101.510 % | £118,000 | £119,781 | £237,781 |
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 | 259.343 % | £306,024 | £424,024 |
3 Month Average | 124.490 % | £146,897 | £264,897 |
6 Month Average | 113.324 % | £133,722 | £251,722 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £245,000 | £245,000 | 10 CREDITON CLOSE |
18 Jul 2023 | £374,034 | £369,000 | 20 TIVERTON ROAD |
6 Apr 2023 | £353,810 | £350,000 | 24 TIVERTON ROAD |
26 Aug 2022 | £245,340 | £246,000 | 59 CREDITON CLOSE |
1 Jun 2022 | £245,469 | £242,000 | 35 CREDITON CLOSE |
This house has a floor area of 52 sq meters or 560 sq feet when measured on 24 Nov 2009. Using an estimated price of £237,782 means this house is valued at £4,569 per sq meter (£424 per sq foot).
The average size of a house on CREDITON CLOSE is 57 sq meters (614 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tiverton Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Cornwall Road |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Cornwall Road |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Cornwall Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cornwall Road |