£363,819
This estimated value is based upon the latest sale price for the house of £245,000 on 11 Mar 2015. 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 |
---|---|
£245,000 | 11 Mar 2015 |
Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 March 2015 the House Price Index for BEDFORD was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £245,000 results in an estimated price of approximately £363,819.
11 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 149.7 | 48.498 % | £245,000 | £118,819 | £363,819 |
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 | 17.254 % | £42,272 | £287,272 |
3 Month Average | 19.402 % | £47,535 | £292,535 |
6 Month Average | 45.642 % | £111,822 | £356,822 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Oct 2023 | £306,972 | £300,000 | 26 LYDFORD CLOSE |
29 Sep 2023 | £409,016 | £400,000 | 5 CLOVELLY WAY |
6 Sep 2023 | £511,271 | £500,000 | 13 BRIXHAM CLOSE |
4 Aug 2023 | £297,363 | £292,000 | 25 TOTNES CLOSE |
4 Aug 2023 | £293,290 | £288,000 | 23 CLOVELLY WAY |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 9 Apr 2015. Using an estimated price of £363,820 means this house is valued at £4,087 per sq meter (£379 per sq foot).
The average size of a house on CHAGFORD CLOSE is 89 sq meters (966 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Chagford Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Clovelly Way |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Clovelly Way |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clovelly Way |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Clovelly Way |