£302,507
This estimated value is based upon the latest sale price for the house of £221,500 on 20 May 2016. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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163 Castle Road, Bedford, MK40 3RT
Phone: 01234584065
| Price Paid | Date |
|---|---|
| £221,500 | 20 May 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 May 2016 the House Price Index for BEDFORD was 74.1.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 36.572%.Applying this 36.572% change to the original purchase price of £221,500 results in an estimated price of approximately £302,507.
| 20 May 2016 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 74.1 | 101.2 | 36.572 % | £221,500 | £81,007 | £302,507 |
The Postcode Pricing Model uses changes in average sales price within the MK41 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 | 129.513 % | £286,870 | £508,370 |
| 3 Month Average | 53.933 % | £119,462 | £340,962 |
| 6 Month Average | 43.747 % | £96,899 | £318,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2024 | £371,100 | £370,000 | 9 PAX HILL |
| 15 Nov 2024 | £216,642 | £216,000 | 39 ROWALLAN DRIVE |
| 20 Aug 2024 | £391,253 | £387,000 | 5 BIRKDALE ROAD |
| 9 Aug 2024 | £323,516 | £320,000 | 3 STANHOPE ROAD |
| 17 Jul 2024 | £365,814 | £357,500 | 18 ELM CLOSE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 21 Dec 2015. Using an estimated price of £302,507 means this house is valued at £3,361 per sq meter (£312 per sq foot).
The average size of a house on GILWELL CLOSE is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Close |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birkdale Road |
| Dec 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lombardy Close |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Lombardy Close |
| Jan 2025 | Violence and sexual offences | Under investigation | On or near Parking Area |