£214,741
This estimated value is based upon the latest sale price for the house of £124,995 on 15 May 2012. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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100 High Street, Bedford, MK40 1NN
Phone: 01234671888
| Price Paid | Date |
|---|---|
| £124,995 | 15 May 2012 |
| £150,000 | 8 Jan 2007 |
| £150,000 | 15 Dec 2006 |
| £155,000 | 7 Jul 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 575 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 May 2012 the House Price Index for BEDFORD was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £124,995 results in an estimated price of approximately £214,741.
| 15 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 149.7 | 71.800 % | £124,995 | £89,746 | £214,741 |
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 | 68.255 % | £85,315 | £210,310 |
| 3 Month Average | 73.499 % | £91,869 | £216,864 |
| 6 Month Average | 80.486 % | £100,603 | £225,598 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £67,721 | £66,500 | 26 HOMEBROOK HOUSE CARDINGTON ROAD |
| 25 Aug 2023 | £66,194 | £65,000 | 18 HOMEBROOK HOUSE CARDINGTON ROAD |
| 30 Jun 2023 | £115,211 | £112,902 | FLAT 16 RIVERSIDE TOWERS ST MARYS STREET |
| 30 Jun 2023 | £189,804 | £186,000 | 11 MERCHANTS COURT |
| 28 Apr 2023 | £61,144 | £60,000 | 19 HOMEBROOK HOUSE CARDINGTON ROAD |
This house has a floor area of 53 sq meters or 575 sq feet when measured on 15 Feb 2012. Using an estimated price of £214,741 means this house is valued at £4,019 per sq meter (£373 per sq foot).
The average size of a house on MERCHANTS COURT is 65 sq meters (707 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Duck Mill Lane |
| Oct 2024 | Anti-social behaviour | On or near Duck Mill Lane | |
| Oct 2024 | Vehicle crime | Under investigation | On or near Duck Mill Lane |
| Oct 2024 | Anti-social behaviour | On or near Bedesman Lane | |
| Oct 2024 | Anti-social behaviour | On or near Bedesman Lane |