£198,681
This estimated value is based upon the latest sale price for the house of £142,500 on 4 Dec 2015. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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100 High Street, Bedford, MK40 1NN
Phone: 01234671888
Price Paid | Date |
---|---|
£142,500 | 4 Dec 2015 |
£132,000 | 2 Dec 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 December 2015 the House Price Index for BEDFORD was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £142,500 results in an estimated price of approximately £198,681.
4 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £142,500 | £56,181 | £198,681 |
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 | 17.577 % | £25,047 | £167,547 |
3 Month Average | 39.491 % | £56,274 | £198,774 |
6 Month Average | 40.365 % | £57,519 | £200,019 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £97,474 | £95,000 | FLAT 906 THE HEIGHTS, 25 ST JOHNS STREET |
31 Aug 2023 | £67,721 | £66,500 | 26 HOMEBROOK HOUSE CARDINGTON ROAD |
25 Aug 2023 | £66,194 | £65,000 | 18 HOMEBROOK HOUSE CARDINGTON ROAD |
28 Apr 2023 | £61,144 | £60,000 | 19 HOMEBROOK HOUSE CARDINGTON ROAD |
5 Aug 2022 | £70,329 | £70,000 | 12 HOMEBROOK HOUSE CARDINGTON ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 20 Apr 2021. Using an estimated price of £198,682 means this house is valued at £3,547 per sq meter (£329 per sq foot).
The average size of a house on ST JOHNS STREET is 62 sq meters (668 sq feet).