£130,649
This estimated value is based upon the latest sale price for the house of £95,000 on 8 Feb 2016. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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27 Castle Road, Bedford, MK40 3PL
Phone: 01234677731
| Price Paid | Date |
|---|---|
| £95,000 | 8 Feb 2016 |
| £38,000 | 17 Mar 2000 |
| £26,250 | 30 May 1997 |
| £24,750 | 29 Mar 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 439 sq feet |
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 February 2016 the House Price Index for BEDFORDSHIRE was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £95,000 results in an estimated price of approximately £130,649.
| 8 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £95,000 | £35,649 | £130,649 |
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 | 23.366 % | £22,197 | £117,197 |
| 3 Month Average | 24.691 % | £23,456 | £118,456 |
| 6 Month Average | 36.913 % | £35,067 | £130,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £150,309 | £148,000 | 81 REDWOOD GROVE |
| 8 Dec 2023 | £134,121 | £130,000 | 65 REDWOOD GROVE |
| 31 Aug 2023 | £175,159 | £172,000 | 26 REDWOOD GROVE |
| 16 Jun 2023 | £161,741 | £158,500 | 78 REDWOOD GROVE |
| 24 Apr 2023 | £114,135 | £112,000 | 16 REDWOOD GROVE |
This house has a floor area of 40 sq meters or 439 sq feet when measured on 4 Dec 2008. Using an estimated price of £130,649 means this house is valued at £3,199 per sq meter (£297 per sq foot).
The average size of a house on REDWOOD GROVE is 47 sq meters (506 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Redwood Grove |
| Sep 2024 | Other theft | Under investigation | On or near Redwood Grove |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Redwood Grove |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Redwood Grove |