£619,516
This estimated value is based upon the latest sale price for the house of £505,000 on 20 Dec 2019. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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27-29 Hockliffe Street, Leighton Buzzard, LU7 1EZ
Phone: 01525204890
| Price Paid | Date |
|---|---|
| £505,000 | 20 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 sq feet |
This model uses changes in the Official Land Registry House Price Index for CENTRAL BEDFORDSHIRE to estimate the market value.
When this house was purchased in December 2019 the House Price Index for CENTRAL BEDFORDSHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £505,000 results in an estimated price of approximately £619,516.
| 20 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £505,000 | £114,516 | £619,516 |
The Postcode Pricing Model uses changes in average sales price within the LU7 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 | -15.325 % | £-77,392 | £427,607 |
| 3 Month Average | 11.007 % | £55,583 | £560,583 |
| 6 Month Average | 9.095 % | £45,928 | £550,928 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £978,561 | £970,000 | 273 HEATH ROAD |
| 6 May 2022 | £629,359 | £617,500 | 2A COTEFIELD DRIVE |
| 4 Mar 2022 | £590,669 | £570,000 | SHEPHERD MAZE COPPER BEECH WAY |
| 3 Dec 2021 | £449,978 | £420,000 | 16 COTEFIELD DRIVE |
| 12 Nov 2021 | £540,757 | £500,000 | 1 HEATH PARK DRIVE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 4 Mar 2019. Using an estimated price of £619,516 means this house is valued at £6,733 per sq meter (£625 per sq foot).
The average size of a house on HEATH ROAD is 109 sq meters (1,175 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pine Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cotefield Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotefield Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandy Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandy Lane |