£274,133
This estimated value is based upon the latest sale price for the house of £220,000 on 3 Aug 2018. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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27 Castle Road, Bedford, MK40 3PL
Phone: 01234677731
Price Paid | Date |
---|---|
£220,000 | 3 Aug 2018 |
£135,000 | 16 Mar 2011 |
£105,000 | 27 Aug 2002 |
£58,000 | 30 Jun 1999 |
£55,000 | 8 Jan 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 August 2018 the House Price Index for BEDFORD was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £220,000 results in an estimated price of approximately £274,133.
3 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £220,000 | £54,133 | £274,133 |
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 | -11.624 % | £-25,572 | £194,427 |
3 Month Average | 4.267 % | £9,388 | £229,388 |
6 Month Average | 21.209 % | £46,660 | £266,660 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £404,943 | £392,500 | 169 HOWBURY STREET |
31 Aug 2023 | £208,765 | £205,000 | FLAT 10 CENTENARY HOUSE BUSHMEAD AVENUE |
4 Aug 2023 | £218,949 | £215,000 | FLAT 19 OLD PORTMAN HOUSE, 2B BUSHMEAD AVENUE |
2 Jun 2023 | £454,100 | £445,000 | 126 HOWBURY STREET |
3 Feb 2023 | £236,580 | £235,000 | FLAT 23 OLD PORTMAN HOUSE, 2B BUSHMEAD AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 20 Jan 2016. Using an estimated price of £274,133 means this house is valued at £4,421 per sq meter (£410 per sq foot).
The average size of a house on BUSHMEAD AVENUE is 119 sq meters (1,283 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Howbury Street |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Howbury Street |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Bushmead Avenue |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bushmead Avenue |