£316,123
This estimated value is based upon the latest sale price for the house of £215,000 on 18 May 2015. 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 |
|---|---|
| £215,000 | 18 May 2015 |
| £151,000 | 18 Apr 2011 |
| £58,000 | 23 Jan 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 May 2015 the House Price Index for CENTRAL BEDFORDSHIRE was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £215,000 results in an estimated price of approximately £316,123.
| 18 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £215,000 | £101,123 | £316,123 |
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 | 40.477 % | £87,025 | £302,025 |
| 3 Month Average | 36.409 % | £78,280 | £293,280 |
| 6 Month Average | 36.637 % | £78,769 | £293,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £335,303 | £325,000 | 12 WOODMAN CLOSE |
| 17 Nov 2023 | £326,282 | £318,000 | 46 WOODMAN CLOSE |
| 13 Sep 2023 | £490,820 | £480,000 | BRAEBURN HOUSE, 25A WOODMAN CLOSE |
| 27 Oct 2022 | £279,068 | £280,000 | 4 CUTLERS WAY |
| 28 Jul 2022 | £287,885 | £285,000 | 21 CUTLERS WAY |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 26 Sep 2014. Using an estimated price of £316,124 means this house is valued at £4,330 per sq meter (£402 per sq foot).
The average size of a house on WOODMAN CLOSE is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Drugs | Awaiting court outcome | On or near Woodman Close |
| Sep 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Brookside Place |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Brookside Place |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Brookside Place |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookside Place |