£340,622
This estimated value is based upon the latest sale price for the house of £227,500 on 13 Nov 2014. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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Unit 11 Firbank Way, Leighton Buzzard, LU7 4YJ
Phone: 01525204045
| Price Paid | Date |
|---|---|
| £227,500 | 13 Nov 2014 |
| £175,000 | 11 Oct 2010 |
| £205,000 | 28 Jan 2005 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 November 2014 the House Price Index for CENTRAL BEDFORDSHIRE was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £227,500 results in an estimated price of approximately £340,622.
| 13 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £227,500 | £113,122 | £340,622 |
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 | 13.928 % | £31,687 | £259,187 |
| 3 Month Average | 43.323 % | £98,560 | £326,060 |
| 6 Month Average | 41.644 % | £94,741 | £322,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £213,156 | £210,000 | 49 REEVE CLOSE |
| 14 Sep 2023 | £212,720 | £210,000 | 35 REEVE CLOSE |
| 28 Apr 2023 | £227,449 | £225,000 | 60 DRAPER WAY |
| 27 Mar 2023 | £210,988 | £209,000 | 55 REEVE CLOSE |
| 24 Mar 2023 | £201,902 | £200,000 | 31 REEVE CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 13 May 2010. Using an estimated price of £340,623 means this house is valued at £4,311 per sq meter (£400 per sq foot).
The average size of a house on DRAPER WAY is 71 sq meters (767 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Avery Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Avery Close |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Reeve Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Reeve Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cooper Drive |