£327,436
This estimated value is based upon the latest sale price for the house of £320,000 on 16 Oct 2023. This value is then adjusted by the current Official House Price Index for BEDFORD 1
There has been one burglary within the last year on or near Hovingham Drive
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3 High Street, Kempston, Bedford, MK42 7BT
Phone: 01234677987
Price Paid | Date |
---|---|
£320,000 | 16 Oct 2023 |
£330,000 | 31 Mar 2023 |
£285,995 | 22 Jun 2018 |
Semi-Detached |
Freehold |
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 October 2023 the House Price Index for BEDFORD was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £320,000 results in an estimated price of approximately £327,436.
16 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £320,000 | £7,436 | £327,436 |
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 | 39.070 % | £125,023 | £445,023 |
3 Month Average | 22.879 % | £73,213 | £393,213 |
6 Month Average | 20.717 % | £66,295 | £386,295 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Oct 2023 | £276,275 | £270,000 | 4 HOVINGHAM DRIVE |
16 Oct 2023 | £327,437 | £320,000 | 33 HOVINGHAM DRIVE |
17 Apr 2023 | £281,261 | £276,000 | 10 SOUDLEY LANE |
22 Nov 2022 | £241,371 | £242,500 | 21 HOVINGHAM DRIVE |
26 Jul 2022 | £353,543 | £350,000 | 5 GARYN LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Hovingham Drive |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hilda Close |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Soudley Lane |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ethelred Lane |
Apr 2024 | Violence and sexual offences | Local resolution | On or near Ethelred Lane |