£378,866
This estimated value is based upon the latest sale price for the house of £360,000 on 28 Jan 2022. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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2-4 Park Road, Sandy, SG19 1JB
Phone: 01767236014
| Price Paid | Date |
|---|---|
| £360,000 | 28 Jan 2022 |
| £250,000 | 7 May 2015 |
| £90,000 | 16 Jul 1999 |
| £88,000 | 23 Dec 1998 |
| £18,000 | 19 Jan 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 January 2022 the House Price Index for BEDFORDSHIRE was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £360,000 results in an estimated price of approximately £378,866.
| 28 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £360,000 | £18,866 | £378,866 |
The Postcode Pricing Model uses changes in average sales price within the SG19 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 | 56.758 % | £204,329 | £564,329 |
| 3 Month Average | -1.159 % | £-4,171 | £355,828 |
| 6 Month Average | -2.820 % | £-10,152 | £349,847 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £615,774 | £605,000 | 25 MILL LANE |
| 30 Nov 2023 | £431,387 | £425,000 | 9 MILL LANE |
| 31 Aug 2023 | £363,177 | £360,000 | 15 RIVERMEAD GARDENS |
| 11 Aug 2023 | £892,811 | £885,000 | THE LODGE MILL LANE |
| 24 Jul 2023 | £319,297 | £315,000 | 10 SWAN LANE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 17 Jul 2020. Using an estimated price of £378,867 means this house is valued at £3,678 per sq meter (£341 per sq foot).
The average size of a house on RIVERMEAD GARDENS is 121 sq meters (1,306 sq feet).