£225,882
This estimated value is based upon the latest sale price for the house of £166,000 on 21 Mar 2016. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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82 Midland Road, Bedford, MK40 1QH
Phone: 01234880747
Price Paid | Date |
---|---|
£166,000 | 21 Mar 2016 |
£146,000 | 12 Aug 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 March 2016 the House Price Index for BEDFORD was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £166,000 results in an estimated price of approximately £225,882.
21 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £166,000 | £59,882 | £225,882 |
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 | 45.670 % | £75,812 | £241,812 |
3 Month Average | 41.805 % | £69,395 | £235,395 |
6 Month Average | 37.364 % | £62,023 | £228,023 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Oct 2024 | £190,000 | £190,000 | FLAT 88 BRITANNIA HOUSE PALGRAVE ROAD |
7 Nov 2023 | £155,959 | £152,000 | FLAT 123 BRITANNIA HOUSE PALGRAVE ROAD |
15 Aug 2023 | £146,136 | £143,500 | FLAT 118 BRITANNIA HOUSE PALGRAVE ROAD |
19 Apr 2023 | £188,526 | £185,000 | FLAT 97 BRITANNIA HOUSE PALGRAVE ROAD |
5 Apr 2023 | £190,055 | £186,500 | FLAT 96 BRITANNIA HOUSE PALGRAVE ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 13 Jul 2020. Using an estimated price of £225,882 means this house is valued at £3,475 per sq meter (£322 per sq foot).
The average size of a house on PALGRAVE ROAD is 64 sq meters (699 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Parking Area | |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Jul 2024 | Anti-social behaviour | On or near Parking Area |