£253,760
This estimated value is based upon the latest sale price for the house of £175,000 on 3 Jul 2015. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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Goldington Road, Bedford, MK41 9NU
Phone: 02080227612
Price Paid | Date |
---|---|
£175,000 | 3 Jul 2015 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 July 2015 the House Price Index for BEDFORD was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £175,000 results in an estimated price of approximately £253,760.
3 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £175,000 | £78,760 | £253,760 |
The Postcode Pricing Model uses changes in average sales price within the MK41 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 | 29.736 % | £52,037 | £227,037 |
3 Month Average | 50.911 % | £89,093 | £264,093 |
6 Month Average | 51.616 % | £90,328 | £265,328 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 May 2024 | £250,000 | £250,000 | 42 ELLIOTT CRESCENT |
17 Nov 2023 | £259,076 | £252,500 | 3 CHARNWOOD AVENUE |
26 Jul 2022 | £270,511 | £267,800 | 46 CHARNWOOD AVENUE |
27 Jun 2022 | £268,745 | £263,000 | 94 CHURCH LANE |
17 Jun 2022 | £281,007 | £275,000 | 18 CHARNWOOD AVENUE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 15 Apr 2015. Using an estimated price of £253,761 means this house is valued at £2,883 per sq meter (£267 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Church Lane | |
Sep 2024 | Anti-social behaviour | On or near Church Lane | |
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Church Lane |
Sep 2024 | Anti-social behaviour | On or near Charnwood Avenue | |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Charnwood Avenue |