£543,539
This estimated value is based upon the latest sale price for the house of £415,000 on 14 Feb 2017. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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187c High Street, Cranfield, MK43 0JB
Phone: 01234584076
Price Paid | Date |
---|---|
£415,000 | 14 Feb 2017 |
Detached |
Freehold |
This model uses changes in the Official Land Registry House Price Index for CENTRAL BEDFORDSHIRE to estimate the market value.
When this house was purchased in February 2017 the House Price Index for CENTRAL BEDFORDSHIRE was 114.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.973%.Applying this 30.973% change to the original purchase price of £415,000 results in an estimated price of approximately £543,539.
14 Feb 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 149.7 | 30.973 % | £415,000 | £128,539 | £543,539 |
The Postcode Pricing Model uses changes in average sales price within the MK43 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 | 48.354 % | £200,667 | £615,667 |
3 Month Average | 21.809 % | £90,508 | £505,508 |
6 Month Average | 18.608 % | £77,222 | £492,222 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £447,356 | £436,000 | 22 ORCHARD WAY |
24 Nov 2023 | £282,162 | £275,000 | 7 ORCHARD WAY |
14 Nov 2023 | £326,282 | £318,000 | 24 ORCHARD WAY |
3 Nov 2023 | £400,158 | £390,000 | 7 MALTINGS CLOSE |
28 Apr 2023 | £356,671 | £350,000 | 29 WALK HOUSE CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other crime | Under investigation | On or near Maltings Close |
Jul 2024 | Shoplifting | Under investigation | On or near Maltings Close |
May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Maltings Close |
Jul 2024 | Public order | Under investigation | On or near Merchant Lane |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Merchant Lane |