£274,654
This estimated value is based upon the latest sale price for the house of £220,000 on 10 Jul 2018. 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 |
---|---|
£220,000 | 10 Jul 2018 |
£127,500 | 26 Jan 2016 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 2018 the House Price Index for BEDFORD was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £220,000 results in an estimated price of approximately £274,654.
10 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £220,000 | £54,654 | £274,654 |
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 | 57.118 % | £125,658 | £345,658 |
3 Month Average | 15.764 % | £34,681 | £254,681 |
6 Month Average | 15.072 % | £33,159 | £253,159 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2024 | £202,761 | £201,000 | 13 BRIDGE ROAD |
16 Jun 2022 | £235,024 | £230,000 | 23 FIRBANK ROAD |
31 May 2022 | £148,879 | £145,000 | 40 THE SIDINGS |
17 Mar 2022 | £146,151 | £140,000 | 28 THE SIDINGS |
28 Sep 2021 | £130,268 | £120,000 | 8 THE SIDINGS |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 2 Mar 2016. Using an estimated price of £274,654 means this house is valued at £3,762 per sq meter (£349 per sq foot).
The average size of a house on BRIDGE ROAD is 86 sq meters (934 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bridge Road |
Aug 2024 | Other theft | Under investigation | On or near Bridge Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Firbank Road |
Sep 2024 | Criminal damage and arson | Under investigation | On or near Firbank Road |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Firbank Road |