£296,525
This estimated value is based upon the latest sale price for the house of £240,000 on 15 Nov 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 |
|---|---|
| £240,000 | 15 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 November 2019 the House Price Index for CENTRAL BEDFORDSHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £240,000 results in an estimated price of approximately £296,525.
| 15 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £240,000 | £56,525 | £296,525 |
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 | 40.546 % | £97,311 | £337,311 |
| 3 Month Average | 11.655 % | £27,971 | £267,971 |
| 6 Month Average | 6.354 % | £15,249 | £255,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £383,329 | £380,000 | 9 PENNIVALE CLOSE |
| 15 Dec 2023 | £324,986 | £315,000 | 105 HEATH ROAD |
| 6 Dec 2023 | £361,096 | £350,000 | 20 CHURCH STREET |
| 13 Jun 2023 | £332,667 | £326,000 | 11 PENNIVALE CLOSE |
| 22 Jul 2022 | £414,150 | £410,000 | 41 HEATH ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 1 May 2019. Using an estimated price of £296,526 means this house is valued at £2,995 per sq meter (£278 per sq foot).
The average size of a house on PENNIVALE CLOSE is 106 sq meters (1,148 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Bicycle theft | Under investigation | On or near Talbot Court |
| Jul 2024 | Anti-social behaviour | On or near Pennivale Close | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Pennivale Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pennivale Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Garden Hedge |