£414,908
This estimated value is based upon the latest sale price for the house of £240,000 on 28 Oct 2011. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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11 Bridge Street, Leighton Buzzard, LU7 1AH
Phone: 01525204911
| Price Paid | Date |
|---|---|
| £240,000 | 28 Oct 2011 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 2011 the House Price Index for CENTRAL BEDFORDSHIRE was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £240,000 results in an estimated price of approximately £414,908.
| 28 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £240,000 | £174,908 | £414,908 |
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 | 18.663 % | £44,790 | £284,790 |
| 3 Month Average | 67.865 % | £162,876 | £402,876 |
| 6 Month Average | 76.516 % | £183,638 | £423,638 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £283,000 | £283,000 | 170 GRASMERE WAY |
| 13 Dec 2023 | £211,195 | £207,500 | 91 GRASMERE WAY |
| 5 Dec 2023 | £508,904 | £500,000 | 23 ROCK LANE |
| 13 Nov 2023 | £203,005 | £200,000 | 127 GRASMERE WAY |
| 15 Jun 2023 | £349,230 | £345,000 | 158 GRASMERE WAY |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 30 Dec 2013. Using an estimated price of £414,908 means this house is valued at £3,346 per sq meter (£310 per sq foot).
The average size of a house on GRASMERE WAY is 77 sq meters (830 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Hanover Court |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Southcourt Road |
| Dec 2023 | Anti-social behaviour | On or near Southcourt Road | |
| Dec 2023 | Anti-social behaviour | On or near Southcourt Road | |
| Dec 2023 | Anti-social behaviour | On or near Southcourt Road |