£301,462
This estimated value is based upon the latest sale price for the house of £190,000 on 8 Jun 2007. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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100 High Street, Bedford, MK40 1NN
Phone: 01234671888
Price Paid | Date |
---|---|
£190,000 | 8 Jun 2007 |
£167,500 | 22 Feb 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 84 sq meters or 904 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 June 2007 the House Price Index for BEDFORDSHIRE was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £190,000 results in an estimated price of approximately £301,462.
8 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 148.6 | 58.665 % | £190,000 | £111,462 | £301,462 |
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 | 188.948 % | £359,001 | £549,001 |
3 Month Average | 79.155 % | £150,393 | £340,393 |
6 Month Average | 68.019 % | £129,236 | £319,236 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £193,000 | £193,000 | FLAT 87 CASTLE QUAY CASTLE LANE |
1 Feb 2023 | £149,899 | £150,000 | FLAT 94 CASTLE QUAY CASTLE LANE |
13 May 2022 | £214,033 | £210,000 | FLAT 19 CASTLE GATE CASTLE MEWS |
31 Jan 2022 | £181,540 | £172,500 | FLAT 104 CASTLE QUAY CASTLE LANE |
6 Dec 2021 | £342,841 | £320,000 | FLAT 5 CASTLE GATE, 27 HIGH STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 14 Jul 2020. Using an estimated price of £301,463 means this house is valued at £3,588 per sq meter (£333 per sq foot).
The average size of a house on CASTLE MEWS is 106 sq meters (1,148 sq feet).