£397,381
This estimated value is based upon the latest sale price for the house of £300,000 on 3 Oct 2016. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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9 Bedford Square, Houghton Regis, LU5 5ES
Phone: 01582955821
| Price Paid | Date |
|---|---|
| £300,000 | 3 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 sq feet |
This model uses changes in the Official Land Registry House Price Index for CENTRAL BEDFORDSHIRE to estimate the market value.
When this house was purchased in October 2016 the House Price Index for CENTRAL BEDFORDSHIRE was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £300,000 results in an estimated price of approximately £397,381.
| 3 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £300,000 | £97,381 | £397,381 |
The Postcode Pricing Model uses changes in average sales price within the LU5 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 | 23.206 % | £69,618 | £369,618 |
| 3 Month Average | 25.820 % | £77,459 | £377,459 |
| 6 Month Average | 32.133 % | £96,398 | £396,398 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £371,500 | £365,000 | 40 WILBURY DRIVE |
| 8 Dec 2023 | £358,777 | £352,500 | 16 RIDGEWAY AVENUE |
| 6 May 2022 | £379,144 | £372,000 | 100 RIDGEWAY AVENUE |
| 14 Feb 2022 | £368,092 | £351,000 | 98 RIDGEWAY AVENUE |
| 28 Sep 2021 | £377,157 | £350,000 | 70 RIDGEWAY AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 24 May 2016. Using an estimated price of £397,382 means this house is valued at £4,730 per sq meter (£439 per sq foot).
The average size of a house on WILBURY DRIVE is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Holmwood Close | |
| Jan 2024 | Anti-social behaviour | On or near Holmwood Close | |
| Jan 2024 | Anti-social behaviour | On or near Holmwood Close | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Wilbury Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goldstone Crescent |