£479,209
This estimated value is based upon the latest sale price for the house of £330,000 on 4 Jun 2015. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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Unit 11 Firbank Way, Leighton Buzzard, LU7 4YJ
Phone: 01525204045
| Price Paid | Date |
|---|---|
| £330,000 | 4 Jun 2015 |
| £245,000 | 5 Nov 2008 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,394 sq feet |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in June 2015 the House Price Index for BEDFORDSHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £330,000 results in an estimated price of approximately £479,209.
| 4 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £330,000 | £149,209 | £479,209 |
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 | -3.774 % | £-12,453 | £317,546 |
| 3 Month Average | 34.539 % | £113,980 | £443,980 |
| 6 Month Average | 37.308 % | £123,117 | £453,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £328,537 | £325,000 | 173 JOHNSON DRIVE |
| 20 Jan 2023 | £316,509 | £318,000 | 127 JOHNSON DRIVE |
| 11 Aug 2022 | £285,731 | £286,500 | 31 CORMORANT WAY |
| 26 Jul 2022 | £330,891 | £330,000 | 161 JOHNSON DRIVE |
| 12 Jul 2022 | £350,945 | £350,000 | 43 CORMORANT WAY |
This house has a floor area of 129 sq meters or 1,394 sq feet when measured on 15 Oct 2008. Using an estimated price of £479,209 means this house is valued at £3,698 per sq meter (£343 per sq foot).
The average size of a house on CORMORANT WAY is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Awaiting court outcome | On or near Cormorant Way |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cormorant Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Cormorant Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kingfisher Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Osprey Drive |