£215,840
This estimated value is based upon the latest sale price for the house of £175,000 on 11 Jul 2019. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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27 Castle Road, Bedford, MK40 3PL
Phone: 01234677731
| Price Paid | Date |
|---|---|
| £175,000 | 11 Jul 2019 |
| £125,000 | 24 Jan 2008 |
| Terraced |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 July 2019 the House Price Index for BEDFORDSHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £175,000 results in an estimated price of approximately £215,840.
| 11 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £175,000 | £40,840 | £215,840 |
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 | 30.801 % | £53,901 | £228,901 |
| 3 Month Average | 11.180 % | £19,565 | £194,565 |
| 6 Month Average | 9.266 % | £16,216 | £191,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2023 | £192,068 | £190,000 | 72 FENLAKE ROAD |
| 21 Mar 2023 | £227,140 | £225,000 | 131 FENLAKE ROAD |
| 21 Feb 2023 | £254,829 | £255,000 | 89 FENLAKE ROAD |
| 20 Feb 2023 | £189,872 | £190,000 | 56 FENLAKE ROAD |
| 10 Feb 2023 | £209,859 | £210,000 | 94 FENLAKE ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 8 Aug 2014. Using an estimated price of £215,841 means this house is valued at £1,829 per sq meter (£169 per sq foot).
The average size of a house on FENLAKE ROAD is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Nicholls Road | |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Nicholls Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nicholls Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nicholls Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Nicholls Road |