£366,964
This estimated value is based upon the latest sale price for the house of £340,000 on 16 Dec 2021. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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27-29 Hockliffe Street, Leighton Buzzard, LU7 1EZ
Phone: 01525204890
| Price Paid | Date |
|---|---|
| £340,000 | 16 Dec 2021 |
| £225,000 | 24 Jun 2013 |
| £224,995 | 31 May 2006 |
| £185,000 | 22 Aug 2003 |
| £135,000 | 9 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 sq feet |
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 December 2021 the House Price Index for CENTRAL BEDFORDSHIRE was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £340,000 results in an estimated price of approximately £366,964.
| 16 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £340,000 | £26,964 | £366,964 |
The Postcode Pricing Model uses changes in average sales price within the LU7 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 | 3.911 % | £13,298 | £353,298 |
| 3 Month Average | 3.834 % | £13,034 | £353,034 |
| 6 Month Average | 9.019 % | £30,663 | £370,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £376,295 | £368,000 | 8 MERCURY WAY |
| 8 Jul 2022 | £353,543 | £350,000 | 51 JUPITER DRIVE |
| 20 Jun 2022 | £391,366 | £383,000 | 34 MERCURY WAY |
| 3 Mar 2022 | £297,521 | £285,000 | 22 MERCURY WAY |
| 23 Feb 2022 | £491,253 | £465,000 | 21 JUPITER DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 30 Jun 2020. Using an estimated price of £366,965 means this house is valued at £4,123 per sq meter (£383 per sq foot).
The average size of a house on MERCURY WAY is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Jupiter Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Jupiter Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Jupiter Drive |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Jupiter Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Appenine Way |