£430,249
This estimated value is based upon the latest sale price for the house of £335,000 on 4 Jul 2017. 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 |
---|---|
£335,000 | 4 Jul 2017 |
Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 2017 the House Price Index for BEDFORD was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £335,000 results in an estimated price of approximately £430,249.
4 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 149.7 | 28.433 % | £335,000 | £95,249 | £430,249 |
The Postcode Pricing Model uses changes in average sales price within the MK40 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 | -22.028 % | £-73,792 | £261,207 |
3 Month Average | 13.621 % | £45,628 | £380,628 |
6 Month Average | 31.078 % | £104,109 | £439,109 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £317,759 | £315,000 | 4 TIVERTON ROAD |
3 Oct 2023 | £215,904 | £211,000 | 19 ABRAHAMS CLOSE |
1 Sep 2023 | £357,889 | £350,000 | 22 SEATON DRIVE |
25 Aug 2023 | £436,880 | £429,000 | 165 DUDLEY STREET |
8 Aug 2023 | £294,206 | £288,900 | 18 SEATON DRIVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 3 Mar 2017. Using an estimated price of £430,249 means this house is valued at £4,218 per sq meter (£391 per sq foot).
The average size of a house on CAVES LANE is 113 sq meters (1,226 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cave'S Lane |
Jul 2024 | Anti-social behaviour | On or near Cave'S Lane | |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cave'S Lane |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cave'S Lane |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |