£320,643
This estimated value is based upon the latest sale price for the house of £235,000 on 5 Apr 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 |
|---|---|
| £235,000 | 5 Apr 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 April 2016 the House Price Index for BEDFORD was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £235,000 results in an estimated price of approximately £320,643.
| 5 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £235,000 | £85,643 | £320,643 |
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 | 46.001 % | £108,101 | £343,101 |
| 3 Month Average | 39.468 % | £92,750 | £327,750 |
| 6 Month Average | 36.858 % | £86,616 | £321,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £287,293 | £280,000 | 156 LONDON ROAD |
| 1 Sep 2023 | £270,973 | £265,000 | 16 MYRTLE ROAD |
| 28 Apr 2023 | £295,528 | £290,000 | 1 MYRTLE ROAD |
| 19 Jan 2023 | £316,847 | £316,000 | 211 LONDON ROAD |
| 25 Nov 2022 | £278,697 | £280,000 | 14 CEDAR ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 25 Jan 2016. Using an estimated price of £320,644 means this house is valued at £3,728 per sq meter (£346 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 Hazelwood Road | |
| Jul 2024 | Anti-social behaviour | On or near Hazelwood Road | |
| Jul 2024 | Anti-social behaviour | On or near Hazelwood Road | |
| Jul 2024 | Anti-social behaviour | On or near Hazelwood Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Brook Street |