£152,824
This estimated value is based upon the latest sale price for the house of £86,000 on 23 Feb 2006. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
Get our free house price tracker.
82 Midland Road, Bedford, MK40 1QH
Phone: 01234880747
Price Paid | Date |
---|---|
£86,000 | 23 Feb 2006 |
£82,000 | 21 Jan 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 612 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 February 2006 the House Price Index for BEDFORDSHIRE was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £86,000 results in an estimated price of approximately £152,824.
23 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.6 | 148.6 | 77.703 % | £86,000 | £66,824 | £152,824 |
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 | 203.894 % | £175,348 | £261,348 |
3 Month Average | 104.580 % | £89,939 | £175,939 |
6 Month Average | 90.523 % | £77,849 | £163,849 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £400,000 | £400,000 | 11 ALEXANDRA ROAD |
21 Jul 2023 | £369,980 | £365,000 | 20 ALEXANDRA ROAD |
13 Mar 2023 | £242,283 | £240,000 | 78 MIDLAND ROAD |
19 May 2022 | £101,920 | £100,000 | FLAT 3 25 ALEXANDRA ROAD |
19 May 2022 | £122,305 | £120,000 | FLAT 2 25 ALEXANDRA ROAD |
This house has a floor area of 56 sq meters or 612 sq feet when measured on 20 Jan 2011. Using an estimated price of £152,825 means this house is valued at £2,687 per sq meter (£249 per sq foot).
The average size of a house on MIDLAND ROAD is 63 sq meters (683 sq feet).