£242,218
This estimated value is based upon the latest sale price for the house of £181,000 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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27 Castle Road, Bedford, MK40 3PL
Phone: 01234677731
| Price Paid | Date |
|---|---|
| £181,000 | 30 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 554 sq feet |
This model uses changes in the Official Land Registry House Price Index for BEDFORD to estimate the market value.
When this house was purchased in September 2016 the House Price Index for BEDFORD was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £181,000 results in an estimated price of approximately £242,218.
| 30 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £181,000 | £61,218 | £242,218 |
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 | 18.955 % | £34,307 | £215,307 |
| 3 Month Average | 31.597 % | £57,191 | £238,191 |
| 6 Month Average | 36.308 % | £65,717 | £246,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2023 | £127,123 | £125,000 | 9 REDWOOD GROVE |
| 3 Feb 2023 | £264,265 | £262,500 | 33 REDWOOD GROVE |
| 2 Sep 2022 | £139,907 | £140,000 | 6 THE SIDINGS |
| 17 Aug 2022 | £210,987 | £210,000 | 39 REDWOOD GROVE |
| 29 Jul 2022 | £186,872 | £185,000 | 122 REDWOOD GROVE |
This house has a floor area of 51 sq meters or 554 sq feet when measured on 16 Dec 2010. Using an estimated price of £242,219 means this house is valued at £4,702 per sq meter (£436 per sq foot).
The average size of a house on REDWOOD GROVE is 47 sq meters (506 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Redwood Grove |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Redwood Grove |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Redwood Grove |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Redwood Grove |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Sidings |