£614,202
This estimated value is based upon the latest sale price for the house of £509,950 on 27 Mar 2020. 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 |
---|---|
£509,950 | 27 Mar 2020 |
Detached |
Freehold |
Floor Area: 120 sq meters or 1,291 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 March 2020 the House Price Index for CENTRAL BEDFORDSHIRE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £509,950 results in an estimated price of approximately £614,202.
27 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £509,950 | £104,252 | £614,202 |
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 | 6.478 % | £33,034 | £542,984 |
3 Month Average | 5.814 % | £29,647 | £539,597 |
6 Month Average | 9.664 % | £49,283 | £559,233 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £173,027 | £170,000 | 91 DRAKES AVENUE |
4 Aug 2023 | £187,642 | £186,000 | 102 DRAKES AVENUE |
10 Jun 2022 | £200,331 | £197,500 | 106 DRAKES AVENUE |
28 Feb 2022 | £204,495 | £195,000 | 52 DRAKES AVENUE |
14 Feb 2022 | £194,008 | £185,000 | 68 DRAKES AVENUE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 4 Mar 2020. Using an estimated price of £614,203 means this house is valued at £5,118 per sq meter (£475 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 | Anti-social behaviour | On or near Drakes Avenue | |
Feb 2024 | Anti-social behaviour | On or near Drakes Avenue | |
Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Drakes Avenue |