£344,748
This estimated value is based upon the latest sale price for the house of £270,000 on 4 Sep 2017. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
There has been one burglary within the last year on or near Ridgeway Drive
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The Quadrant Shopping Centre, Dunstable, LU5 4RH
Phone: 01582936782
| Price Paid | Date |
|---|---|
| £270,000 | 4 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 September 2017 the House Price Index for CENTRAL BEDFORDSHIRE was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £270,000 results in an estimated price of approximately £344,748.
| 4 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £270,000 | £74,748 | £344,748 |
The Postcode Pricing Model uses changes in average sales price within the LU5 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 | 15.551 % | £41,987 | £311,987 |
| 3 Month Average | 18.515 % | £49,989 | £319,989 |
| 6 Month Average | 14.394 % | £38,864 | £308,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £353,066 | £350,000 | 23 WESTERN WAY |
| 14 Mar 2024 | £324,993 | £320,000 | 24 WESTERN WAY |
| 10 Nov 2023 | £307,814 | £300,000 | 6 RIDGEWAY AVENUE |
| 26 Oct 2023 | £409,296 | £400,000 | 7 BRANDRETH AVENUE |
| 16 Oct 2023 | £424,645 | £415,000 | 22 BRANDRETH AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 23 May 2017. Using an estimated price of £344,749 means this house is valued at £4,204 per sq meter (£390 per sq foot).
The average size of a house on RIDGEWAY DRIVE is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Ridgeway Drive |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Monks Close |
| May 2024 | Violence and sexual offences | Awaiting court outcome | On or near Chalk Acres |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chalk Acres |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chalk Acres |