£323,133
This estimated value is based upon the latest sale price for the house of £189,950 on 29 Oct 2010. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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68 Midland Road, Bedford, MK40 1QB
Phone: 01234584601
Price Paid | Date |
---|---|
£189,950 | 29 Oct 2010 |
£190,000 | 16 Mar 2007 |
£119,950 | 15 Dec 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 60 sq meters or 646 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 October 2010 the House Price Index for BEDFORD was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £189,950 results in an estimated price of approximately £323,133.
29 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.4 | 148.6 | 70.115 % | £189,950 | £133,183 | £323,133 |
The Postcode Pricing Model uses changes in average sales price within the MK40 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 | 166.168 % | £315,635 | £505,585 |
3 Month Average | 53.741 % | £102,080 | £292,030 |
6 Month Average | 33.749 % | £64,105 | £254,055 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £191,677 | £190,000 | 38 HERON QUAY |
3 Mar 2023 | £160,512 | £159,000 | 51 HERON QUAY |
3 Feb 2023 | £249,832 | £250,000 | 26 HERON QUAY |
6 Jan 2023 | £184,133 | £185,000 | 48 HERON QUAY |
21 Oct 2022 | £178,083 | £180,000 | 46 HERON QUAY |
This house has a floor area of 60 sq meters or 646 sq feet when measured on 22 Apr 2010. Using an estimated price of £323,134 means this house is valued at £5,376 per sq meter (£499 per sq foot).
The average size of a house on HERON QUAY is 59 sq meters (637 sq feet).