£140,661
This estimated value is based upon the latest sale price for the house of £138,000 on 15 Dec 2023. 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 |
|---|---|
| £138,000 | 15 Dec 2023 |
| £104,000 | 8 Jan 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 2023 the House Price Index for BEDFORD was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £138,000 results in an estimated price of approximately £140,661.
| 15 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £138,000 | £2,661 | £140,661 |
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 | -14.540 % | £-20,065 | £117,934 |
| 3 Month Average | 4.978 % | £6,870 | £144,870 |
| 6 Month Average | 0.638 % | £880 | £138,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £140,661 | £138,000 | FLAT 100 WHEELWRIGHT HOUSE PALGRAVE ROAD |
| 1 Aug 2023 | £181,101 | £180,000 | FLAT 61 WHEELWRIGHT HOUSE PALGRAVE ROAD |
| 3 Mar 2023 | £230,245 | £229,000 | FLAT 74 WHEELWRIGHT HOUSE PALGRAVE ROAD |
| 31 Jan 2023 | £135,807 | £137,000 | FLAT 87 WHEELWRIGHT HOUSE PALGRAVE ROAD |
| 29 Sep 2022 | £148,198 | £150,000 | FLAT 83 WHEELWRIGHT HOUSE PALGRAVE ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 14 Jan 2015. Using an estimated price of £140,661 means this house is valued at £3,516 per sq meter (£326 per sq foot).
The average size of a house on PALGRAVE ROAD is 64 sq meters (699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Palgrave Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Palgrave Road |
| Mar 2024 | Other crime | Under investigation | On or near Palgrave Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Palgrave Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Palgrave Road |