£591,622
This estimated value is based upon the latest sale price for the house of £480,000 on 4 Feb 2020. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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163 Castle Road, Bedford, MK40 3RT
Phone: 01234584065
| Price Paid | Date |
|---|---|
| £480,000 | 4 Feb 2020 |
| Detached |
| Freehold |
| Floor Area: 233 sq meters or 2,507 sq feet |
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 February 2020 the House Price Index for BEDFORD was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £480,000 results in an estimated price of approximately £591,622.
| 4 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £480,000 | £111,622 | £591,622 |
The Postcode Pricing Model uses changes in average sales price within the MK41 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 | 22.721 % | £109,062 | £589,062 |
| 3 Month Average | 19.784 % | £94,962 | £574,962 |
| 6 Month Average | 27.441 % | £131,719 | £611,719 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2024 | £575,000 | £575,000 | 40 CHILTERN AVENUE |
| 31 May 2024 | £425,000 | £425,000 | 22 PENNINE ROAD |
| 28 Mar 2024 | £421,476 | £415,000 | 1 SALTASH CLOSE |
| 6 Oct 2023 | £470,690 | £460,000 | 40 POLHILL AVENUE |
| 10 Feb 2023 | £377,522 | £375,000 | 73 CHILTERN AVENUE |
This house has a floor area of 233 sq meters or 2,507 sq feet when measured on 14 Dec 2016. Using an estimated price of £591,622 means this house is valued at £2,539 per sq meter (£235 per sq foot).
The average size of a house on POLHILL AVENUE is 190 sq meters (2,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Local resolution | On or near Selsey Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Polhill Avenue |
| Jul 2024 | Anti-social behaviour | On or near Chiltern Avenue | |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Chiltern Avenue |
| Jul 2024 | Anti-social behaviour | On or near Chiltern Avenue |