£514,994
This estimated value is based upon the latest sale price for the house of £419,950 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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27-29 Hockliffe Street, Leighton Buzzard, LU7 1EZ
Phone: 01525204890
Price Paid | Date |
---|---|
£419,950 | 25 Oct 2019 |
Semi-Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 sq feet |
This model uses changes in the Official Land Registry House Price Index for CENTRAL BEDFORDSHIRE to estimate the market value.
When this house was purchased in October 2019 the House Price Index for CENTRAL BEDFORDSHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £419,950 results in an estimated price of approximately £514,994.
25 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £419,950 | £95,044 | £514,994 |
The Postcode Pricing Model uses changes in average sales price within the LU7 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 | -4.675 % | £-19,632 | £400,317 |
3 Month Average | 1.682 % | £7,063 | £427,013 |
6 Month Average | 6.346 % | £26,651 | £446,601 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £173,027 | £170,000 | 91 DRAKES AVENUE |
25 Nov 2022 | £489,076 | £495,000 | 8 WERNHAM MEAD |
28 Feb 2022 | £204,495 | £195,000 | 52 DRAKES AVENUE |
12 Nov 2021 | £351,492 | £325,000 | 103 DRAKES AVENUE |
29 Oct 2021 | £527,790 | £477,000 | 8 CHAMBERLAINS GARDENS |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 27 Sep 2019. Using an estimated price of £514,994 means this house is valued at £4,439 per sq meter (£412 per sq foot).
The average size of a house on KEMSLEY DRIVE is 115 sq meters (1,238 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wernham Mead |
Mar 2024 | Public order | Under investigation | On or near Woburn Place |
Mar 2024 | Other theft | Under investigation | On or near Chamberlains Gardens |