£78,867
This estimated value is based upon the latest sale price for the house of £65,000 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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31 Tavistock Street, Bedford, MK40 2RB
Phone: 01234584664
Price Paid | Date |
---|---|
£65,000 | 20 Mar 2020 |
£65,000 | 20 Mar 2020 |
£84,500 | 30 Jun 2015 |
£95,000 | 6 Jun 2008 |
£57,495 | 30 Oct 2001 |
£32,500 | 5 Aug 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 March 2020 the House Price Index for BEDFORDSHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £65,000 results in an estimated price of approximately £78,867.
20 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £65,000 | £13,867 | £78,867 |
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 | -56.556 % | £-36,761 | £28,238 |
3 Month Average | -5.165 % | £-3,357 | £61,642 |
6 Month Average | 15.081 % | £9,802 | £74,802 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £389,897 | £380,000 | 47 FOSTER HILL ROAD |
26 Sep 2023 | £117,592 | £115,000 | 6 TOWERS HOUSE, 1 PARK AVENUE |
5 Jun 2023 | £586,759 | £575,000 | 5 PARK AVENUE |
10 Mar 2023 | £142,886 | £140,500 | 7 FOSTER STREET |
13 Feb 2023 | £369,971 | £367,500 | 13 SALISBURY STREET |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 15 Jan 2013. Using an estimated price of £78,868 means this house is valued at £1,678 per sq meter (£155 per sq foot).
The average size of a house on PARK AVENUE is 138 sq meters (1,485 sq feet).