£498,447
This estimated value is based upon the latest sale price for the house of £408,700 on 1 Mar 2019. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
Get our free house price tracker.
7, Lincoln Crescent, Bedfordshire, Biggleswade, SG18 8HP
Phone: 01767236651
Price Paid | Date |
---|---|
£408,700 | 1 Mar 2019 |
£375,000 | 28 Apr 2016 |
£275,000 | 22 Dec 2011 |
Detached |
Freehold |
Floor Area: 119 sq meters or 1,287 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 March 2019 the House Price Index for CENTRAL BEDFORDSHIRE was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.959%.Applying this 21.959% change to the original purchase price of £408,700 results in an estimated price of approximately £498,447.
1 Mar 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 146.7 | 21.959 % | £408,700 | £89,747 | £498,447 |
The Postcode Pricing Model uses changes in average sales price within the SG18 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 | -14.793 % | £-60,459 | £348,240 |
3 Month Average | -20.699 % | £-84,596 | £324,103 |
6 Month Average | 2.550 % | £10,423 | £419,123 |
This house has a floor area of 119 sq meters or 1,287 sq feet when measured on 17 Nov 2010.
The average size of a house on MERCURY LANE is 130 sq meters (1,406 sq feet).