£290,234
This estimated value is based upon the latest sale price for the house of £285,000 on 16 Aug 2023. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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27 Castle Road, Bedford, MK40 3PL
Phone: 01234677731
Price Paid | Date |
---|---|
£285,000 | 16 Aug 2023 |
£250,000 | 28 Feb 2019 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 August 2023 the House Price Index for BEDFORD was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £285,000 results in an estimated price of approximately £290,234.
16 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £285,000 | £5,234 | £290,234 |
The Postcode Pricing Model uses changes in average sales price within the MK42 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 | 3.073 % | £8,757 | £293,757 |
3 Month Average | 3.993 % | £11,379 | £296,379 |
6 Month Average | 4.366 % | £12,441 | £297,441 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £287,293 | £280,000 | 156 LONDON ROAD |
1 Sep 2023 | £270,973 | £265,000 | 16 MYRTLE ROAD |
16 Aug 2023 | £290,235 | £285,000 | 5 ALDER CLOSE |
28 Apr 2023 | £295,528 | £290,000 | 1 MYRTLE ROAD |
19 Jan 2023 | £316,847 | £316,000 | 211 LONDON ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 12 Feb 2019. Using an estimated price of £290,235 means this house is valued at £4,837 per sq meter (£449 per sq foot).
The average size of a house on ALDER CLOSE is 78 sq meters (848 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alder Close |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Alder Close |
Oct 2024 | Anti-social behaviour | On or near Alpine View | |
Oct 2024 | Public order | Under investigation | On or near Alpine View |
Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Alpine View |