£210,636
This estimated value is based upon the latest sale price for the house of £90,000 on 7 Jul 2003. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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2 Market House, Market Square, Biggleswade, SG18 8AQ
Phone: 01767236008
Price Paid | Date |
---|---|
£90,000 | 7 Jul 2003 |
£68,500 | 3 May 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 645 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 July 2003 the House Price Index for BEDFORDSHIRE was 64.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 134.040%.Applying this 134.040% change to the original purchase price of £90,000 results in an estimated price of approximately £210,636.
7 Jul 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.0 | 149.7 | 134.040 % | £90,000 | £120,636 | £210,636 |
The Postcode Pricing Model uses changes in average sales price within the SG18 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 | 132.528 % | £119,275 | £209,275 |
3 Month Average | 117.099 % | £105,389 | £195,389 |
6 Month Average | 116.088 % | £104,478 | £194,478 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £474,583 | £460,000 | 11 - 13 MARKET SQUARE |
6 Oct 2023 | £235,345 | £230,000 | FLAT 1 MERCHANT HOUSE, 21A MARKET SQUARE |
15 Sep 2023 | £148,268 | £145,000 | FLAT 10 VICTORIA COURT BACK STREET |
19 Jun 2023 | £194,906 | £191,000 | 12 CHURCH STREET |
28 Feb 2023 | £241,614 | £240,000 | 55 HIGH STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 25 Jun 2014. Using an estimated price of £210,636 means this house is valued at £3,510 per sq meter (£326 per sq foot).
The average size of a house on CHURCH STREET is 71 sq meters (764 sq feet).