£147,260
This estimated value is based upon the latest sale price for the house of £88,000 on 5 Jul 2013. 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 |
---|---|
£88,000 | 5 Jul 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 July 2013 the House Price Index for BEDFORD was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £88,000 results in an estimated price of approximately £147,260.
5 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 149.7 | 67.342 % | £88,000 | £59,260 | £147,260 |
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 | 74.625 % | £65,670 | £153,670 |
3 Month Average | 70.200 % | £61,775 | £149,775 |
6 Month Average | 78.235 % | £68,846 | £156,846 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £150,309 | £148,000 | 81 REDWOOD GROVE |
8 Dec 2023 | £134,121 | £130,000 | 65 REDWOOD GROVE |
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 |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 16 Apr 2012. Using an estimated price of £147,261 means this house is valued at £3,005 per sq meter (£279 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 | Violence and sexual offences | Under investigation | On or near The Sidings |