£321,049
This estimated value is based upon the latest sale price for the house of £315,000 on 24 May 2022. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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Unit 11 Firbank Way, Leighton Buzzard, LU7 4YJ
Phone: 01525204045
| Price Paid | Date |
|---|---|
| £315,000 | 24 May 2022 |
| £255,000 | 28 Mar 2017 |
| £235,000 | 11 Apr 2016 |
| £170,000 | 30 Oct 2009 |
| £208,995 | 25 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2022 the House Price Index for CENTRAL BEDFORDSHIRE was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £315,000 results in an estimated price of approximately £321,049.
| 24 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £315,000 | £6,049 | £321,049 |
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 | -23.576 % | £-74,264 | £240,735 |
| 3 Month Average | 0.729 % | £2,295 | £317,295 |
| 6 Month Average | 5.386 % | £16,966 | £331,966 |
| 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 74 sq meters or 796 sq feet when measured on 10 Nov 2021. Using an estimated price of £321,049 means this house is valued at £4,338 per sq meter (£403 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 |