£235,010
This estimated value is based upon the latest sale price for the house of £125,000 on 14 Jan 2005. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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27-29 Hockliffe Street, Leighton Buzzard, LU7 1EZ
Phone: 01525204890
| Price Paid | Date |
|---|---|
| £125,000 | 14 Jan 2005 |
| £110,000 | 24 Jun 2004 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 2005 the House Price Index for BEDFORDSHIRE was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £125,000 results in an estimated price of approximately £235,010.
| 14 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 148.6 | 88.008 % | £125,000 | £110,010 | £235,010 |
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 | 57.440 % | £71,799 | £196,799 |
| 3 Month Average | 95.001 % | £118,751 | £243,751 |
| 6 Month Average | 89.629 % | £112,036 | £237,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £356,233 | £350,000 | 3 DOVE TREE ROAD |
| 22 Feb 2023 | £224,849 | £225,000 | 42 GREENLANDS |
| 27 Jun 2022 | £497,024 | £490,000 | 65 WILLOW BANK WALK |
| 17 Jun 2022 | £172,437 | £170,000 | 75 GREENLANDS |
| 21 Feb 2022 | £314,608 | £300,000 | 71 GREENLANDS |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 19 Jun 2013. Using an estimated price of £235,011 means this house is valued at £3,916 per sq meter (£363 per sq foot).
The average size of a house on DOVE TREE ROAD is 71 sq meters (772 sq feet).