£254,422
This estimated value is based upon the latest sale price for the house of £185,000 on 26 Feb 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 |
|---|---|
| £185,000 | 26 Feb 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 February 2016 the House Price Index for BEDFORD was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £185,000 results in an estimated price of approximately £254,422.
| 26 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £185,000 | £69,422 | £254,422 |
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 | 23.366 % | £43,227 | £228,227 |
| 3 Month Average | 24.691 % | £45,678 | £230,678 |
| 6 Month Average | 36.913 % | £68,289 | £253,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £275,000 | £275,000 | 155 LONDON ROAD |
| 12 Apr 2024 | £302,628 | £300,000 | 153 LONDON ROAD |
| 1 Nov 2023 | £266,772 | £260,000 | 7 IVY ROAD |
| 1 Sep 2023 | £291,424 | £285,000 | 177 LONDON ROAD |
| 19 Jun 2023 | £525,532 | £515,000 | 165 LONDON ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 21 Oct 2015. Using an estimated price of £254,423 means this house is valued at £2,993 per sq meter (£278 per sq foot).
The average size of a house on LONDON ROAD is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near London Road | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near London Road |
| Jul 2024 | Anti-social behaviour | On or near London Road | |
| Jul 2024 | Anti-social behaviour | On or near London Road | |
| Jul 2024 | Anti-social behaviour | On or near London Road |