£355,265
This estimated value is based upon the latest sale price for the house of £245,000 on 17 Jul 2015. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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163 Castle Road, Bedford, MK40 3RT
Phone: 01234584065
Price Paid | Date |
---|---|
£245,000 | 17 Jul 2015 |
Detached |
Freehold |
Floor Area: 103 sq meters or 1,116 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 July 2015 the House Price Index for BEDFORD was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £245,000 results in an estimated price of approximately £355,265.
17 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £245,000 | £110,265 | £355,265 |
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 | 35.730 % | £87,537 | £332,537 |
3 Month Average | 41.007 % | £100,466 | £345,466 |
6 Month Average | 45.286 % | £110,950 | £355,950 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Mar 2024 | £248,823 | £245,000 | 85 HARROWDEN ROAD |
8 Nov 2023 | £235,990 | £230,000 | 32 WINCHESTER ROAD |
24 Mar 2023 | £188,142 | £185,000 | 23A HEREFORD ROAD |
10 Mar 2023 | £381,369 | £375,000 | 60 HARROWDEN ROAD |
1 Mar 2023 | £244,076 | £240,000 | 57 HARROWDEN ROAD |
This house has a floor area of 103 sq meters or 1,116 sq feet when measured on 4 Feb 2010. Using an estimated price of £355,265 means this house is valued at £3,423 per sq meter (£318 per sq foot).
The average size of a house on HARROWDEN ROAD is 97 sq meters (1,051 sq feet).