£771,226
This estimated value is based upon the latest sale price for the house of £575,000 on 5 Aug 2016. 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 |
|---|---|
| £575,000 | 5 Aug 2016 |
| Detached |
| Freehold |
| Floor Area: 291 sq meters or 3,132 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 August 2016 the House Price Index for BEDFORD was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £575,000 results in an estimated price of approximately £771,226.
| 5 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £575,000 | £196,226 | £771,226 |
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 | 25.232 % | £145,082 | £720,082 |
| 3 Month Average | 45.608 % | £262,248 | £837,248 |
| 6 Month Average | 39.639 % | £227,922 | £802,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £270,000 | £270,000 | 24 CORNLAND |
| 2 May 2024 | £250,000 | £250,000 | 42 ELLIOTT CRESCENT |
| 4 Apr 2023 | £264,956 | £260,000 | 7 CHURCH LANE |
| 27 Jun 2022 | £268,745 | £263,000 | 94 CHURCH LANE |
| 1 Jun 2022 | £283,561 | £277,500 | 96 CHURCH LANE |
This house has a floor area of 291 sq meters or 3,132 sq feet when measured on 28 Aug 2015. Using an estimated price of £771,226 means this house is valued at £2,650 per sq meter (£246 per sq foot).
The average size of a house on CHURCH LANE is 84 sq meters (905 sq feet).
This house is the largest in the street with a floor area of 291 sq meters (3,132 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cornland |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Cheltenham Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cheltenham Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cheltenham Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cheltenham Close |