£352,155
This estimated value is based upon the latest sale price for the house of £119,950 on 31 May 2002. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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Unit 11 Firbank Way, Leighton Buzzard, LU7 4YJ
Phone: 01525204045
Price Paid | Date |
---|---|
£119,950 | 31 May 2002 |
Terraced |
Freehold |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in May 2002 the House Price Index for BEDFORDSHIRE was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £119,950 results in an estimated price of approximately £352,155.
31 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 149.7 | 193.585 % | £119,950 | £232,205 | £352,155 |
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 | 208.475 % | £250,066 | £370,016 |
3 Month Average | 157.074 % | £188,410 | £308,360 |
6 Month Average | 163.240 % | £195,806 | £315,756 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Oct 2023 | £470,690 | £460,000 | 18 MIDDLETON WAY |
3 Mar 2023 | £625,445 | £615,000 | 9 MIDDLETON WAY |
27 Jan 2023 | £301,806 | £301,000 | 49 MIDDLETON WAY |
30 Aug 2022 | £190,893 | £190,000 | 35 EAGLE CLOSE |
23 Jun 2022 | £297,356 | £291,000 | 70 MIDDLETON WAY |