£508,094
This estimated value is based upon the latest sale price for the house of £410,000 on 16 Jul 2018. 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 |
|---|---|
| £410,000 | 16 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 July 2018 the House Price Index for CENTRAL BEDFORDSHIRE was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £410,000 results in an estimated price of approximately £508,094.
| 16 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £410,000 | £98,094 | £508,094 |
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 | -19.568 % | £-80,226 | £329,773 |
| 3 Month Average | 7.712 % | £31,620 | £441,620 |
| 6 Month Average | 7.337 % | £30,082 | £440,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £512,589 | £505,000 | THE CHASE GREENHILL |
| 25 Nov 2022 | £489,076 | £495,000 | 8 WERNHAM MEAD |
| 3 Feb 2022 | £361,800 | £345,000 | 11 GREENHILL |
| 29 Oct 2021 | £527,790 | £477,000 | 8 CHAMBERLAINS GARDENS |
| 27 Aug 2021 | £641,479 | £575,000 | 261A HEATH ROAD |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 8 Jan 2018. Using an estimated price of £508,095 means this house is valued at £4,000 per sq meter (£371 per sq foot).
The average size of a house on CHAMBERLAINS GARDENS is 175 sq meters (1,890 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Chamberlains Gardens |
| Dec 2023 | Criminal damage and arson | Action to be taken by another organisation | On or near Hillside Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wernham Mead |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shepherds Mead |
| Mar 2024 | Public order | Under investigation | On or near Woburn Place |