£172,086
This estimated value is based upon the latest sale price for the house of £138,500 on 24 Jul 2019. This value is then adjusted by the current Official House Price Index for BEDFORD 1
There have been two burglaries within the last year on or near Castle Lane
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100 High Street, Bedford, MK40 1NN
Phone: 01234671888
Price Paid | Date |
---|---|
£138,500 | 24 Jul 2019 |
£145,000 | 11 Aug 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 July 2019 the House Price Index for BEDFORD was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £138,500 results in an estimated price of approximately £172,086.
24 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £138,500 | £33,586 | £172,086 |
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 | 27.142 % | £37,591 | £176,091 |
3 Month Average | -1.335 % | £-1,848 | £136,651 |
6 Month Average | 14.667 % | £20,314 | £158,814 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £196,012 | £193,000 | FLAT 87 CASTLE QUAY CASTLE LANE |
3 Apr 2023 | £142,668 | £140,000 | FLAT 60 CASTLE QUAY CASTLE LANE |
1 Feb 2023 | £151,009 | £150,000 | FLAT 94 CASTLE QUAY CASTLE LANE |
31 Jan 2022 | £182,884 | £172,500 | FLAT 104 CASTLE QUAY CASTLE LANE |
6 Dec 2021 | £345,379 | £320,000 | FLAT 5 CASTLE GATE, 27 HIGH STREET |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 2 Jul 2018. Using an estimated price of £172,087 means this house is valued at £3,511 per sq meter (£326 per sq foot).
The average size of a house on CASTLE LANE is 67 sq meters (724 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Castle Lane |
Jul 2024 | Anti-social behaviour | On or near Castle Lane | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Castle Lane |
Jun 2024 | Public order | Unable to prosecute suspect | On or near Castle Lane |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Castle Lane |