£345,071
This estimated value is based upon the latest sale price for the house of £221,550 on 9 May 2014. 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 |
---|---|
£221,550 | 9 May 2014 |
£175,000 | 26 Mar 2010 |
£166,000 | 17 Oct 2005 |
£58,000 | 21 Mar 1997 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 2014 the House Price Index for BEDFORD was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £221,550 results in an estimated price of approximately £345,071.
9 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £221,550 | £123,521 | £345,071 |
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 | 42.196 % | £93,485 | £315,035 |
3 Month Average | 59.047 % | £130,818 | £352,368 |
6 Month Average | 76.569 % | £169,637 | £391,187 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £284,369 | £280,000 | 1 FONTWELL CLOSE |
28 Nov 2023 | £487,371 | £475,000 | 72 PEMBROKE STREET |
14 Sep 2023 | £286,311 | £280,000 | 103 BOWER STREET |
31 Mar 2023 | £254,246 | £250,000 | 105 BOWER STREET |
16 Mar 2023 | £335,605 | £330,000 | 132 BOWER STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 13 Jan 2020. Using an estimated price of £345,071 means this house is valued at £4,367 per sq meter (£405 per sq foot).
The average size of a house on BOWER STREET is 87 sq meters (945 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Formal action is not in the public interest | On or near Bower Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Pembroke Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Pembroke Street |
Jun 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Pembroke Street |