£198,496
This estimated value is based upon the latest sale price for the house of £135,000 on 1 May 2015. 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 |
|---|---|
| £135,000 | 1 May 2015 |
| £110,500 | 5 May 2010 |
| 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 May 2015 the House Price Index for BEDFORD was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £135,000 results in an estimated price of approximately £198,496.
| 1 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £135,000 | £63,496 | £198,496 |
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 | 52.405 % | £70,747 | £205,747 |
| 3 Month Average | 47.555 % | £64,198 | £199,198 |
| 6 Month Average | 50.205 % | £67,777 | £202,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £142,375 | £138,000 | FLAT 100 WHEELWRIGHT HOUSE PALGRAVE ROAD |
| 8 Dec 2023 | £152,692 | £148,000 | 21 PALGRAVE ROAD |
| 11 Aug 2023 | £167,012 | £164,000 | 18 PALGRAVE ROAD |
| 1 Aug 2023 | £183,306 | £180,000 | FLAT 61 WHEELWRIGHT HOUSE PALGRAVE ROAD |
| 17 Mar 2023 | £147,463 | £145,000 | 14 PALGRAVE ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 24 Aug 2020. Using an estimated price of £198,496 means this house is valued at £3,053 per sq meter (£283 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 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palgrave Road |
| Oct 2024 | Anti-social behaviour | On or near Palgrave Road | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Palgrave Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Palgrave Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Palgrave Road |