£480,541
This estimated value is based upon the latest sale price for the house of £315,000 on 7 Aug 2014. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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27-29 Hockliffe Street, Leighton Buzzard, LU7 1EZ
Phone: 01525204890
Price Paid | Date |
---|---|
£315,000 | 7 Aug 2014 |
Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 August 2014 the House Price Index for CENTRAL BEDFORDSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £315,000 results in an estimated price of approximately £480,541.
7 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £315,000 | £165,541 | £480,541 |
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 | 53.906 % | £169,803 | £484,803 |
3 Month Average | 47.368 % | £149,209 | £464,209 |
6 Month Average | 46.692 % | £147,080 | £462,080 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £518,153 | £505,000 | THE CHASE GREENHILL |
23 Oct 2023 | £337,669 | £330,000 | 20 NORTHCOURT |
4 Oct 2023 | £385,761 | £377,000 | 80 HEATH ROAD |
13 Sep 2023 | £564,954 | £552,500 | 143 HEATH ROAD |
25 Nov 2022 | £492,696 | £495,000 | 8 WERNHAM MEAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 5 Mar 2014. Using an estimated price of £480,541 means this house is valued at £4,954 per sq meter (£460 per sq foot).
The average size of a house on SHEPHERDS MEAD is 144 sq meters (1,559 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Woburn Place | |
Jul 2024 | Anti-social behaviour | On or near Woburn Place | |
Jul 2024 | Anti-social behaviour | On or near Woburn Place | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carnation Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carnation Close |