£487,885
This estimated value is based upon the latest sale price for the house of £400,000 on 31 Jan 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 |
---|---|
£400,000 | 31 Jan 2020 |
Detached |
Freehold |
Floor Area: 129 sq meters or 1,388 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 January 2020 the House Price Index for CENTRAL BEDFORDSHIRE was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £400,000 results in an estimated price of approximately £487,885.
31 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £400,000 | £87,885 | £487,885 |
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 | -3.136 % | £-12,544 | £387,455 |
3 Month Average | 6.182 % | £24,729 | £424,729 |
6 Month Average | 10.245 % | £40,979 | £440,979 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Jan 2023 | £340,397 | £342,000 | 8 LISTER CORNER |
8 Jul 2022 | £360,972 | £360,000 | 1 SAGAN RISE |
23 Jun 2022 | £400,662 | £395,000 | 15 RAMSAY DRIVE |
16 Mar 2022 | £357,510 | £345,000 | 3 SAGAN RISE |
23 Apr 2021 | £400,859 | £355,000 | 44 WALLIS DRIVE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 26 Jun 2019. Using an estimated price of £487,886 means this house is valued at £3,782 per sq meter (£351 per sq foot).
The average size of a house on BABBAGE GROVE is 119 sq meters (1,286 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Babbage Grove | |
Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Babbage Grove |
Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Babbage Grove |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Babbage Grove |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Babbage Grove |