£216,381
This estimated value is based upon the latest sale price for the house of £114,950 on 26 Nov 2004. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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82 Midland Road, Bedford, MK40 1QH
Phone: 01234880747
| Price Paid | Date |
|---|---|
| £114,950 | 26 Nov 2004 |
| 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 BEDFORDSHIRE to estimate the market value.
When this house was purchased in November 2004 the House Price Index for BEDFORDSHIRE was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £114,950 results in an estimated price of approximately £216,381.
| 26 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £114,950 | £101,431 | £216,381 |
The Postcode Pricing Model uses changes in average sales price within the MK42 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 | 148.024 % | £170,154 | £285,104 |
| 3 Month Average | 76.480 % | £87,913 | £202,863 |
| 6 Month Average | 86.586 % | £99,530 | £214,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £140,458 | £138,000 | FLAT 100 WHEELWRIGHT HOUSE PALGRAVE ROAD |
| 11 Aug 2023 | £165,447 | £164,000 | 18 PALGRAVE ROAD |
| 1 Aug 2023 | £181,589 | £180,000 | FLAT 61 WHEELWRIGHT HOUSE PALGRAVE ROAD |
| 17 Mar 2023 | £146,379 | £145,000 | 14 PALGRAVE ROAD |
| 3 Mar 2023 | £231,178 | £229,000 | FLAT 74 WHEELWRIGHT HOUSE PALGRAVE ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 1 Jun 2019. Using an estimated price of £216,381 means this house is valued at £3,490 per sq meter (£324 per sq foot).
The average size of a house on PALGRAVE ROAD is 64 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Palgrave Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Palgrave Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Palgrave Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Palgrave Road |
| Dec 2023 | Anti-social behaviour | On or near Palgrave Road |